Description

Buyer & Tenant Incentives Available Subject to Negotiation! Full project including sizeable Phase 2 self-storage concept FOR SALE. Excellent location with major HWY 401 visibility ideal for signage. Spacious lot with room for future expansion or parking. Clarington a fast-growing Municipality and the CENTER for G7's FIRST Small Modular Nuclear Reactor. Multi-Billion Dollar LONG lasting economic engine for Ontario businesses promising TONS of energy in Clarington and all LESS than 5km Away on HWY 401! (id:66096)

Property Details

MLS®: E13765454
Property Type: Vacant Land
Zoning: M1 Light Industrial
Lot Size: 6.09 acres
Frontage: 29,500 ft
Price per Acre: $2,463,058 per acre
Building Area: 29,500 ft²
Property Tax: $22,195/yr
Listed: 55 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Clarington (Bowmanville) listings, avg age

55d

List price

$15M

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 55 days, right at the city average. A solid opportunity worth looking into.

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Listed by Royal LePage Frank Real Estate · Brian Shewchuk

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1C)

This home lists at $15,000,000, about 137.6× the local median household income of $109,000.

Carrying it typically needs a household income of about $2,930,025 (20% down, 25-yr amortization, stress-tested) — roughly 2588% above the area median.

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)

$15,000,000

For sale

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Financing

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540 Lake Road, Clarington (Bowmanville) - Vacant Land for Sale