Overview

This lot in Clarington is for sale. It has been on the market 21 days, fresher than the Clarington average of 55 days.

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Description

Exceptional opportunity to acquire approximately 1.98 acres of vacant industrial land in Bowmanville's established employment area. Strategically located at 275 Lake Road, this prominent corner property offers excellent accessibility and flexible General Industrial (M2) zoning, making it well suited for investors, developers and owner-users. Positioned within Bowmanville's industrial corridor, 275 Lake Road provides an attractive combination of highway accessibility, industrial zoning and development potential. The property offers close access to Highway 401, providing efficient connectivity throughout Durham Region and the Greater Toronto Area. Its Lake Road location places the site among established industrial and commercial operations while remaining minutes from Bowmanville's growing urban centre. Build or use for outdoor storage. Outdoor storage rental potential can carry up to $25,000. (id:66096)

Market Timing

Days on market

21d

Clarington (Bowmanville) listings, avg age

55d

List price

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

This vacant land in Clarington (Bowmanville) has been listed for 21 days, which is 34 days fresher than the city average of 55. Act while there is still low competition.

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Area context

Neighbourhood profile (L1C)

Median household income: $109,000
Population: 50,217
Median age: 37.2
Owner / renter: 80% / 20%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L1C)

For sale

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Financing

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Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (L1C)

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