438 Rickard Road, Clarington, ON Image 1

$5,900,000

$6,900,000
14.5% dropped

Last price change Feb 12

Land For Sale
MLS - #E11885731
Apr 5- By ROYAL SERVICE REAL ESTATE INC.

438 Rickard Road, Clarington, ON L1C 3K5

Bed
Bath
20.6 Sqft.

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

20.6 Sqft

About 438 Rickard Road

These 20.6 acres are designated "Employment Lands" in the Region of Durham 2023 Official Plan, as ratified by the Province of Ontario on Sept 3, 2024. The property has 1,273 feet frontage on north side of Highway 401 immediately west of Highway 35/115 Interchange. This location provides easy access toHwy 2, Hwy 401 & Hwy 35/115. Well maintained farmhouse (duplex) and outbuildings (see photos). MPAC Assessment states "Code 221 - Farm with residence - with commercial/industrial operation". The property has many streams of income, to the potential of $160-180k per year for the new owner/operator: 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. Buyer responsible for completing own due diligence. See MLS Listing for additional files. Seller will consider VTB.

Home Overview

Last updated

Apr 5

Virtual tour

None

Basement information

Building size

20.6

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
590000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 438 Rickard Road

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$22534.00/ month
$4,720,000 Principal and Interest

Some information about this property - Rickard Road

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