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UPDATED:
02/13/2025 01:08 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1
Subdivision Bowmanville
MLS Listing ID E9374134
Annual Tax Amount $23,707
Tax Year 2024
Property Sub-Type Land
Property Description
The Vendor, through multiple pre-consultations and formal discussions with the Town planners, has this 1.89 Acre infill site primed for the application process of one 5-storey building containing 80 stacked back-to-back townhouse units. The building height and density complies with the Clarington OP and aligns with preferred Bowmanville West Major Transit Station Area Secondary Plan land use designation. The site is positioned extremely well directly across the approved new GO Station. **EXTRAS** Gross rental holding income of approximately $15,600 per month. Opportunity to increase the density through an OPA / ZBL.
Location
Province ON
County Durham
Community Bowmanville
Area Durham
Zoning R1
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 485.65
Lot Depth 150.0
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Listed by LENNARD COMMERCIAL REALTY