
Clarington, ON L1C 2L7
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.
TRREB MLS® Attribution
MLS® E13231700
Listed by FIRST CLASS 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
Est. Monthly Payment
$9,766
/month · $1,599,999 mortgage
Amortization
Total Interest
$1,329,878
Total Cost
$2,929,877
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
FIRST CLASS REALTY INC.