438 Rickard Road Clarington, Ontario L1C 3K5
$6,900,000
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. (id:50886)
Property Details
| MLS® Number | E11885731 |
| Property Type | Vacant Land |
| Community Name | Rural Clarington |
| AmenitiesNearBy | Highway, Public Transit |
| FarmType | Other |
Building
| SizeInterior | 20.6 Ac |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 1325 Ft |
| SizeFrontage | 860 Ft |
| SizeIrregular | 860 X 1325 Ft ; Yes |
| SizeTotalText | 860 X 1325 Ft ; Yes |
| ZoningDescription | Designated \"employment Lands\" Durham Op |
https://www.realtor.ca/real-estate/27722281/438-rickard-road-clarington-rural-clarington
Interested?
Contact us for more information
Jim Abernethy
Broker
5 Silver Street
Bowmanville, Ontario L1C 3C2
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December 08 2024 03:49:05
Durham Region Association of REALTORS®
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