438 RICKARD ROAD, Clarington, Ontario, L1C 3K5

$6,900,000

MLS® # E8199738

Vacant Land For Sale In Rural Clarington, Clarington, Ontario

$6,900,000

Property Information:

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:27)

Building Features:

  • Floor Space: 20.6

Property Features:

  • Property Type: Vacant Land
  • Amenities Nearby: Highway, Public Transit
  • Farm Type: Other
  • Floor Space (approx): 20.60 Acres
  • Irregular: Yes
  • Lot Size: 860.0 ; yes

Courtesy of: ROYAL SERVICE REAL ESTATE INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos