$6,900,000

438 RICKARD RD
Clarington, Ontario L1C3K5

ID# E8199738
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:54822)
Courtesy of ROYAL SERVICE REAL ESTATE INC.

Listed on: April 03, 2024

On market: 18 days

Head Office

Royal LePage ProAlliance Realty, Brokerage

357 Front Street Empire Square

Belleville, OntarioK8N 2Z9


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