304 West Scugog Lane
Bowmanville / Clarington, ON L1C 3K2
About This Property
Attention Developers, Investors, and Builders! An exceptional opportunity awaits at 304 West Scugog Lane in Clarington, a rapidly growing area with strong future development potential. This large lot includes a well-kept 3-bedroom bungalow currently occupied by a tenant-providing immediate rental income-and a heated detached garage ideal for storage or workshop use, while the true value lies in the land, with potential to build two detached homes or four semi-detached homes (buyer to verify zoning and approvals). The location is excellent for commuters, offering quick access to Highways 401, 407, and 418, with the eastern extension of Highway 407 between Pickering and Clarington now toll-free for more affordable travel, and convenient DRT and GO Transit links for commuting to Toronto. Families will appreciate nearby schools such as Courtice North Public School, Dr. Emily Stowe Public School, Lydia Trull Public School, and Courtice Secondary School, all of which are listed in the Fraser Institute's report cards and recognized within the Kawartha Pine Ridge District School Board. With neighbourhood growth accelerating, increased redevelopment activity, and rising demand for new housing, this property offers immense upside whether you choose to develop now or hold for long-term appreciation
Property Details
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Features & Amenities
- View
- Fireplace
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12563556
Listed by PROPERTY MAX REALTY INC.
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
Mortgage Estimate
Est. Monthly Payment
$3,804
/month · $623,200 mortgage
Amortization
Total Interest
$517,988
Total Cost
$1,141,188
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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