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. (id:60365)
| MLS® Number | E13231664 |
| Property Type | Multi-family |
| Community Name | Bowmanville |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 10890 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 165 Ft |
| SizeFrontage | 66 Ft |
| SizeIrregular | 66 X 165 Ft |
| SizeTotalText | 66 X 165 Ft |
| ZoningDescription | Residential |
https://www.realtor.ca/real-estate/29844309/50-liberty-street-n-clarington-bowmanville-bowmanville
Muhammad Raffay
Salesperson
Muneer Baig
Salesperson