$6,900,000 FOR SALE

Land

438 Rickard Rd
Clarington, ON L1C 3K5

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:47423)

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Listed By ROYAL SERVICE REAL ESTATE INC.
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number E8199738
Last Updated Apr 08, 2024
Property Summary
Property Type Land

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Community Rural Clarington
Price History
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Detailed Information
Amenities Nearby Highway, Public Transit
Listing Contract Date 2024-04-03
Property Type Vacant Land
Transaction Type For sale
Building
Land
Total Size 860 x 1325 Acre ; Yes
Amenities Highway, Public Transit
Size of Irregular Land 860 x 1325 Acre ; Yes

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