Overview
|Description
PRICED TO SELL & MOTIVATED! The seller is here to get this property sold and is ready to work with all interested parties. Property IS included in the Durham Region Urban Boundary, and the Municipality has officially started their Official Plan Review. With so much massive growth coming to the Clarington/Bowmanville area. Location doesn’t get better than this: a rare and highly coveted 2.124-acre infill development opportunity offering an impressive 210.48 ft of frontage on prime Hwy 2, strategically positioned between Watson Farms and Maple Grove Road. The site is surrounded by rapid expansion and key amenities, sitting just minutes from major retail power center’s (Walmart, Superstore, Home Depot), multiple sports complexes, the new Durham Region Police Headquarters, and the future GO Station. Situated right on public transit routes, the property also features an existing bungalow offering excellent potential for interim rental income while you secure your plans. The seller is open to a short-term Vendor Take-Back (VTB) mortgage for a portion of the purchase price, subject to the terms of the offer. Flexible closing is available. This opportunity absolutely checks all the boxes for investors and developers looking to capitalize on Bowmanville’s expansion. Act now before it’s gone! Extras: Gas on property, Municipal water available at lot line (property currently well/septic, no sewers).
Additional Details
- Roof: Asphalt Shingle
- Sewer: Septic
- Cooling: Central Air
- County: Durham
- Property Type: Residential
- Pool: None
- Architectural Style: Bungalow
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