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$6,900,000
Status: For Sale
These 20.6 acres are designated "Employment Lands" in the Region of Durham 2023 Official Plan, as ratified by the Province of Ontario on Sept 3, 2024. The property has 1,273 feet frontage on north side of Highway 401 immediately west of Highway 35/115 Interchange. This location provides easy access toHwy 2, Hwy 401 & Hwy 35/115. Well maintained farmhouse (duplex) and outbuildings (see photos). MPAC Assessment states "Code 221 - Farm with residence - with commercial/industrial operation". Seller projects $183,000 net income (2024) from multiple revenue streams: a) long term lease with communication tower company, b) well established recreational vehicle storage business (since 1996 - see aerial views), c) municipal certified legal non-conforming residential duplex-farmhouse, d) 12 KVW Micro Fit Producer. See details of projected 2024 revenue/expense report in attachments (Schedule B). Buyer responsible for completing own due diligence. See MLS Listing for additional files. Seller will consider VTB.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E11885731 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :08 Dec, 2024 (16 Days ago) |
| Source | :TRREB |
| Area | :Durham |
|---|---|
| Community | : Rural Clarington |
| Postal Code | :
L1C 3K5
|
| Price | : $6,900,000 |
|---|---|
| Property Taxes | :$3282.08 |
| Tax Year | :2023 |
|---|
| Cross Street | :Exit Hwy 401 at Bennett Rd, go 3/4 Km north to Hwy 2, go 3/4 Km east to Rickard Road, go south to property . |
|---|
03 Apr, 2024
TREB #E8199738
Available
$6900000.0
