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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Bowmanville
MLS Listing ID E13231664
Annual Tax Amount $4,900
Tax Year 2025
Property Sub-Type Investment
Property Description
Sold in conjunction with 54 Liberty St. N., Bowmanville. Combined, the properties offer a rare development opportunity featuring approximately 2 acres of prime infill land with potential for an 84-unit stacked townhouse development in Downtown Bowmanville. Strategically located across from three schools and within close proximity to shopping, restaurants, healthcare facilities, and all major amenities, with convenient access to Highway 401. The site is serviced with municipal water and sanitary sewer, enhancing its development potential. The property currently includes a well-maintained 2+1 bedroom bungalow generating approximately $5,500 per month in rental income, providing holding income while development plans are advanced. An exceptional investment and redevelopment opportunity in one of Durham Region's fastest growing communities. Contact the Listing Agent for the complete development package and additional information. Asked L.A. about potential Joint Venture (JV) opportunities and partnership structures for the proposed development.
Location
State ON
County Durham
Area Durham
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 66.0
Lot Depth 165.0
Others
ParcelsYN No
Listed by FIRST CLASS REALTY INC.
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!