
Clarington, ON L1C 3K7
PRICED TO SELL & MOTIVATED! The seller is here to get this property sold and is ready to work with all interested parties. Property IS included in the Durham Region Urban Boundary, and the Municipality has officially started their Official Plan Review. With so much massive growth coming to the Clarington/Bowmanville area. Location doesn't get better than this: a rare and highly coveted 2.124-acre infill development opportunity offering an impressive 210.48 ft of frontage on prime Hwy 2, strategically positioned between Watson Farms and Maple Grove Road. The site is surrounded by rapid expansion and key amenities, sitting just minutes from major retail power center's (Walmart, Superstore, Home Depot), multiple sports complexes, the new Durham Region Police Headquarters, and the future GO Station. Situated right on public transit routes, the property also features an existing bungalow offering excellent potential for interim rental income while you secure your plans. The seller is open to a short-term Vendor Take-Back (VTB) mortgage for a portion of the purchase price, subject to the terms of the offer. Flexible closing is available. This opportunity absolutely checks all the boxes for investors and developers looking to capitalize on Bowmanville's expansion. Act now before it's gone! Extras: Gas on property, Municipal water available at lot line (property currently well/septic, no sewers).
TRREB MLS® Attribution
MLS® E13229752
Listed by Keller Williams Energy Real Estate
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$10,987
/month · $1,800,000 mortgage
Amortization
Total Interest
$1,496,114
Total Cost
$3,296,114
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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Keller Williams Energy Real Estate