$1,250,000
Available - For Sale
Listing ID: E13231664
50 Liberty Street North , Clarington, L1C 2L7, Durham
| Sold in conjunction with 54 Liberty St. N., Bowmanville. Combined, the properties offer a rare development opportunity featuring approximately 2 acres of prime infill land with potential for an 84-unit stacked townhouse development in Downtown Bowmanville. Strategically located across from three schools and within close proximity to shopping, restaurants, healthcare facilities, and all major amenities, with convenient access to Highway 401. The site is serviced with municipal water and sanitary sewer, enhancing its development potential. The property currently includes a well-maintained 2+1 bedroom bungalow generating approximately $5,500 per month in rental income, providing holding income while development plans are advanced. An exceptional investment and redevelopment opportunity in one of Durham Region's fastest growing communities. Contact the Listing Agent for the complete development package and additional information. Asked L.A. about potential Joint Venture (JV) opportunities and partnership structures for the proposed development. |
| Price | $1,250,000 |
| Taxes: | $4900.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 50 Liberty Street North , Clarington, L1C 2L7, Durham |
| Postal Code: | L1C 2L7 |
| Province/State: | Durham |
| Directions/Cross Streets: | Liberty St N/King St E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 10890.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| FIRST CLASS REALTY INC. |
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|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Durham |
| Municipality: | Clarington |
| Neighbourhood: | Bowmanville |
| Tax: | $4,900 |
| Fireplace: | N |
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