4481 Hwy 2 Rd
Rural Clarington, Clarington, L0A 1J0
FOR SALE
$2,229,260
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Property Description
Attention Investors, Builders, Developers. Rare 17 acre Estate Lot Development Site or good "buy/hold" opportunity. This property is located within the boundaries of the Hamlet of Newtonville & "designated" in the Clarington Official Plan as "RH" (Residential Hamlet). Located just off Hwy 401, 15 minutes east of Oshawa MetroLinx GoRail Station. This site offers potential to develop ten (10) or more 1/2 acre residential building lots; subject to approvals by Region of Durham & Municipality of Clarington. The Clarington Official Plan allows development to occur within Hamlet boundaries subject to a number of policies, and various technical studies to support development applications; including availability of municipal services. Buyer to complete own due diligence with Region of Durham & Municipality of Clarington Planning Departments.
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Property Details
Street
Community
City
Property Type
Vacant Land
Lot Size
17' x 17'
Acreage
10-24.99
Lot Irregularities
17.25 Acres Irregular Shape Property
Fronting
South
Taxes
$5,056 (2023)
Heat Type
None
Air Conditioning
None
Water
Other
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Listing contracted with Royal Service Real Estate Inc.
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Excellent & highly rare in-fill residential development lot. Existing bungalow available for rental income. Opportunity for multiple detached or townhouse lots subject to Due Diligence. Fully serviced area. Strong location neighbouring MAJOR high density + community centre redevelopment site. Great access to busy downtown which hosts popular seasonal events + large beautiful Bowmanville Valley trails. Great opportunity for small development and/or builder. Zoned residential R1. Potential for higher density up-zoning for multiple townhouses.
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