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438 Rickard Road , Clarington, ON L1C 3K5
Clarington, ON L1C 3K5
Description
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.
Details
| MLS# | E11885731 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 41 |
| Listing Provided By | ROYAL SERVICE REAL ESTATE INC. | Not Provided |
Features
| SQ Feet | 897,336 |
|---|---|
| Acreage | 20.60 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Durham |
| City | Clarington |
| Zip Code | L1C 3K5 |
| Area | Rural Clarington |
| Listing VS Median (in L1C 3K5) | |
Price: $6,900,000 low | high Med: $6,900,000 SqFt: 897,336 low | high Med: 897,336 $ / SqFt: $8 low | high Med: $8 On Site: 41 low | high Med: 41.000000 | |