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Home ON Greater Oshawa Clarington Rural Clarington
438 RICKARD ROAD
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438 RICKARD ROAD $6,900,000
$6,900,000
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438 RICKARD ROAD
Clarington, Ontario L1C3K5

MLS® Number: E8199738

Listing Description

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. (34900727)

Property Summary

Property Type
Vacant Land
Community Name
Rural Clarington
Land Size
860 ; yes
Annual Property Taxes
$3,282.08
Time on REALTOR.ca
59 days

Building

Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
21 ac

Land

Farm Features
Farm Type
Other
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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