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- Price$6,900,000
- SQ. Feet21
438 Rickard Road, Clarington
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"". 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. (id:6289)
Essential Information
- Listing #E11885731
- Price$6,900,000
- Bathrooms0.00
- Square Footage21
- Acres0.00
- TypeVacant Land
Amenities
- AmenitiesHighway, Public Transit
Listing Details
- Listing OfficeROYAL SERVICE REAL ESTATE INC.
Community Information
- Address438 Rickard Road
- SubdivisionRural Clarington
- CityClarington
- ProvinceOntario
- Postal CodeL1C3K5
Exterior
- Lot Description860 x 1325 FT ; yes
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