Clarington L1C 2L7
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C1,999,999
($1,445,300)
(€1,242,700)
Annual Taxes:C5,938
505 Park Ave, New York, NY 10022

Sold in conjunction with 50 Liberty St.

Description

Sold in conjunction with 50 Liberty St. N., Bowmanville. Combined, the properties offer a rare development opportunity featuring approximately 2 acres of prime infill land with potential for an 84-unit stacked townhouse development in Downtown Bowmanville. Strategically located across from three schools and within close proximity to shopping, restaurants, healthcare facilities, and all major amenities, with convenient access to Highway 401. The site is serviced with municipal water and sanitary sewer, enhancing its development potential. The property currently includes a well-maintained 4+2 bedroom bungalow generating approximately $4,700 per month in rental income, providing holding income while development plans are advanced. An exceptional investment and redevelopment opportunity in one of Durham Region's fastest-growing communities. Contact the Listing Agent for the complete development package and additional information. Asked L.A. about potential Joint Venture (JV) opportunities and partnership structures for the proposed development.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.