438 Rickard Road, Clarington, ON L1C 3K5

Clarington L1C 3K5 Ontario

MLS: E11885731

$5,900,000

Added 20 days ago | For Sale

Listed by: ROYAL SERVICE REAL ESTATE INC.

About Property

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". The property has many streams of income, to the potential of $160-180k per year for the new owner/operator: 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. Buyer responsible for completing own due diligence. See MLS Listing for additional files. Seller will consider VTB.

Features

  • House Style:Land
  • Bathrooms:
  • Land Size: 860 X 1325
  • Water:Well
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:Exit Hwy 401 at Bennett Rd, go 3/4 Km north to Hwy 2, go 3/4 Km east to Rickard Road, go south to property .
  • Basement: ,
  • Possession Date:T B A
  • Annual Property taxes: $3282.08
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:E11885731

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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