438 RICKARD RD, Clarington, Ontario, L1C3K5

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For sale, ID#: E8199738
438 RICKARD RD
Clarington Ontario
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0 Beds
0 Bath
$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:2471)

Representatives
Judy and Greg BallSales Representative and Broker
Ball Real Estate Inc. Brokerage - Lakefield
Property Details
  • Property Address: 438 RICKARD RD, Clarington, Ontario, L1C3K5
  • Community Name: Rural Clarington
  • Property Type: Vacant Land
  • Lot Size: 860 x 1325 Acre ; Yes
  • Acreage: 860 x 1325 Acre ; Yes
  • Amenities Nearby: Highway, Public Transit
Neighbourhood Information

Listing Office: ROYAL SERVICE REAL ESTATE INC.

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438 RICKARD RD, Clarington, Ontario, L1C3K5

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