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438 Rickard Road Clarington, Ontario L1C 3K5

20.6 ac

$6,900,000

20.6 acres designated ""Employment Lands"" in the Region of Durham 2023 Official Plan. 1,273 feet frontage on Highway 401. Located immediately west of Highway 35/115 Interchange provides easy access to Hwy 2, Hwy 401 & Hwy 35/115. Well maintained farmhouse (duplexed) and outbuildings (see photos). MPAC Assessment ""Code 221 - Farm with residence - with commercial/industrial operation"". Seller projects $183k net income in 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 projected 2024 revenue/expense report in attachments (Schedule B). Buyer responsible for completing own due diligence. See MLS Listing for additional files. (id:47515)

Property Details

MLS® Number E8199738
Property Type Vacant Land
Community Name Rural Clarington
Amenities Near By Highway, Public Transit
Farm Type Other

Building

Size Interior 20.6 Ac

Land

Acreage No
Land Amenities Highway, Public Transit
Size Irregular 860.0 ; Yes
Size Total Text 860.0 ; Yes

https://www.realtor.ca/real-estate/26700989/438-rickard-road-clarington-rural-clarington

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