$4,199,000
Clarington
2363 Taunton Road, Clarington, Ontario, L0B1J0
This retail property in Clarington is for sale offering roughly 5,550 sq ft of space. It has been on the market 31 days, fresher than the Clarington average of 58 days.
Prominent high-traffic corner in Hampton comprising approximately 3.8 acres with flexible mixed-use zoning, improved with a fully leased retail plaza and a detached residential dwelling. Strategically positioned just north of Bowmanville within a rapidly expanding growth corridor, the asset offers consistent occupancy, strong exposure, and clear intensification potential, including the ability to expand the existing commercial footprint subject to municipal approvals. The tenancy structure is efficient, with occupants responsible for their own hydro in addition to HST and TMI, while the residential component manages its own exterior maintenance, including grass cutting and snow removal. A well-balanced asset delivering operational stability today with long-term redevelopment and land value upside. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 31 days on market, against an average age of 58 days across the listings currently for sale in this city
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.
This retail in Clarington has been listed for 31 days, which is 27 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $4,199,000, about 37.8× the local median household income of $111,000.
Carrying it typically needs a household income of about $820,212 (20% down, 25-yr amortization, stress-tested) — roughly 639% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0B)
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