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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Bowmanville
MLS Listing ID E13174028
Annual Tax Amount $25,037
Tax Year 2025
Property Sub-Type Land
Property Description
Rare infill development opportunity comprising five strategically located parcels in the Bowmanville West Major Station Area Secondary Plan, directly across from the future Bowmanville GO Station, offering exceptional transit-oriented potential. The site is designated Medium Density, with conceptual plans completed for three 6-storey mid-rise buildings (~40,000 SF GFA each) featuring all surface parking and compliant with current zoning. Four of the five properties are currently leased, generating an approximate annual gross rental income of $187,000, providing immediate cash flow. The vendor is open to various deal structures, making this a flexible and high-potential investment or development opportunity.
Location
State ON
County Durham
Area Durham
Zoning R1
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 485.65
Lot Depth 150.0
Others
ParcelsYN No
Listed by LENNARD COMMERCIAL REALTY
NEARBY SCHOOLS & PROPERTIES
Very Professional Jennifer was helpful, knowledgeable and was able to work around my crazy work schedule. Thanks to her dedication, I am now a proud home owner and excited for the future, Thank you!