$13,000,000

For sale

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19 Tamblyn Pt 3 Road, Clarington - Industrial for Sale

19 Tamblyn Pt 3 Road, Clarington, Ontario, L0B1M0

8.84 acres lot sizeListed 131 days ago

Overview

This industrial property in Clarington is for sale.

Industrial Properties for Sale in Clarington →All real estate in Clarington →

Description

A prime commercial investment opportunity in the Durham Region! With highway exposure and its own dedicated exit on Hwy 115, this property offers unmatched visibility and accessibility just 3 minutes from Hwy 407 and 7 minutes from Hwy 401. Spanning 8.84 acres (M1 zoning), the site has been severed to provide flexible purchase options, including a full package or separated land and warehousing portions. The property features two fully leased warehouses, including a 55,000 sq. ft. building with a new roof and renovated offices, and an 8,000 sq. ft. building-both occupied by AAA tenants providing long-term stability. Tenant 2 is currently on a month-to-month lease but is willing to renegotiate a long-term agreement and at higher monthly rental rate. This is a rare opportunity to secure a premium commercial asset in a high-growth corridor. (id:66096)

Property Details

MLS®: E13493010
Property Type: Industrial
Zoning: M1
Lot Size: 8.84 acres
Frontage: 120 ft
Heating: Other
Cooling: Fully air conditioned
Garage: Other
Property Tax: $76,967.41/yr
Listed: 131 days ago

Features

Lot Features: Irregular lot size

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

131d

Clarington listings, avg age

58d

List price

$13M

Homes here sell faster than most markets

Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Listed by RE/MAX REALTY SPECIALISTS INC. · JAKE DAVID SMITH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0B)

This home lists at $13,000,000, about 117.1× the local median household income of $111,000.

Carrying it typically needs a household income of about $2,539,355 (20% down, 25-yr amortization, stress-tested) — roughly 2188% above the area median.

Median household income: $111,000
Population: 15,501
Median age: 46.4
Owner / renter: 92% / 8%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L0B)

$13,000,000

For sale

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Financing

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