438 Rickard Road Clarington, Ontario L1C 3K5
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$6,900,000
20.6 acres designated ""Employment Lands"" in the Region of Durham 2023 Official Plan. 1,273 feet frontage on Highway 401. Located immediately west of Highway 35/115 Interchange provides easy access to Hwy 2, Hwy 401 & Hwy 35/115. Well maintained farmhouse (duplexed) and outbuildings (see photos). MPAC Assessment ""Code 221 - Farm with residence - with commercial/industrial operation"". Seller projects $183k net income in 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 projected 2024 revenue/expense report in attachments (Schedule B). Buyer responsible for completing own due diligence. See MLS Listing for additional files. (id:28302)
Property Details
| MLS® Number | E8199738 |
| Property Type | Vacant Land |
| Community Name | Rural Clarington |
| Amenities Near By | Highway, Public Transit |
| Farm Type | Other |
Building
| Size Interior | 20.6 Ac |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Irregular | 860.0 ; Yes |
| Size Total Text | 860.0 ; Yes |
https://www.realtor.ca/real-estate/26700989/438-rickard-road-clarington-rural-clarington
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May 14 2024 01:29:50
Durham Region Association of REALTORS®
Royal Service Real Estate Inc.