LOADING

438 Rickard Road Clarington, Ontario L1C 3K5

Interested?

Contact us for more information


Generating Captcha

Your Favourites

 

No Favourites Found

 

20.6 ac

$6,900,000

The Ontario Court of Justice has ruled the RV Storage Business operating on this property is a legal non-conforming use. These 20.6 acres are designated ""Employment Lands"" in the Region of Durham Official 2023 Plan. 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"". Seller projects $183,000 net income (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 details of projected 2024 revenue/expense report in attachments (Schedule B). Buyer responsible for completing own due diligence. See MLS Listing for additional files. Seller will consider VTB. Copy of Ontario Court of Justice dated May 10, 2024 is available upon request. (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 Depth 1325 Ft
Size Frontage 860 Ft
Size Irregular 860.0 ; Yes
Size Total Text 860.0 ; Yes
Zoning Description Designated \"employment Lands\" In Reg Op

https://www.realtor.ca/real-estate/26700989/438-rickard-road-clarington-rural-clarington