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50 Liberty Street N, Clarington, ON L1C 2L7

$990,000
: 3
BD
: 2
BA
: 700
SqFt

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List Price: $990,000
MLS#: E13849646
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Living Area: 700-1100
Province: ON
Municipality: Clarington
Area: Durham
Neighborhood: Bowmanville
Subdivision: Liberty St N/King St E

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Property Description

Attention Developers, Builders & Investors! A rare opportunity to acquire a prime ~2-Acre Land Assembly in the heart of rapidly growing Bowmanville. Combining 50 & 54 Liberty St N, this high-density redevelopment site is perfectly positioned for a projected 31-84 unit townhouse development. Capitalize on the exploding housing demand in Clarington with a site that offers incredible scale and high-yield potential. While you secure your zoning amendments and municipal architectural permits, enjoy strong, immediate holding income of $5500.00/month from the existing stable tenancies to offset soft costs. Unbeatable, transit-oriented location just minutes to Highway 401 & 407, local schools, parks, shopping, and the upcoming Bowmanville GO Station expansion. Walk to historic Downtown Bowmanville. Properties sold together as a package assembly. Don't miss this lucrative, turnkey development asset! Seller already has a development proposal drawn up for 31-84 unit townhouse.

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Additional Information

Taxes: $4,561
Heat Type: Other
Heat Source: Electric
Air Conditioning: Central Air
Kitchens: 1
Exterior: Brick
Garage Type: None
Pool: None
Parking Spaces: 5
Parking Type: Front Yard Parking, Private