24 Albert St
Bowmanville, Clarington, L1C 1H2
FOR SALE
$1,900,000
Sold
$1,700,000

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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-06 | 2024-09-16 | 346 | $1,900,000 | $1,700,000 | Sold |
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Property Description
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.
Extras
Existing Bungalow Included. Survey Available. No Other Reports/Studies Completed. Opportunity To Buy, Hold, Rent, And Plan Your Future Subdivision!
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Similar Listings
185.997 Acres!! This farm is cash crop and managed woodland. There's over 100 acres of workable land and approx 55 acres of mixed hardwood and white pine bush. The balance of the land is tree lines or land that could be pastured or brought into production for crops. There are many uses for the land. RESIDENTIAL USES: Permission to Build a House!! At least 4 excellent building sites. One in the valley on Skelding Rd w/driveway and well. Hydro & Bell at lot line. The 2nd site w/driveway (logging road) off Best Rd into a treed area south of the 10th Con where there is 3 phase electrical power. The 3rd site is on one of the highest points of land. It has an amazing panoramic view spanning south to Lake Ontario & east/west for miles! A driveway would need to be built, but worth it! The 4th building site is on top of a hill & has a fantastic view. Driveway on site. All driveways mentioned are entrances to land currently used for farm equipment to work the land. Bunkhouse/Mobile Home permitted for additional accommodations. POTENTIAL INCOME SOURCES: Farming: Plant & harvest over 100 acres land w/natural drainage. Soybeans grown in 2024. Productive Woodlot for Maple Syrup, Logs/Timber, Firewood, etc. Forrest was logged approx 10 years ago and ready to be harvested again. Tenant Farmer: Seller willing to lease back land at current market rate. HUNTING: Abundance of wildlife cross the property including deer and wild turkeys. SEVERANCE: Current provincial policy/municipal By-law permits severance w/minimum of 200 acres. Do a lot line adjustment with a neighbour to acquire 15 more acres to get to 200 total, then split into two 100 acre parcels. Survey/reference plan available. Drilled well. Hydro/Bell available at property line. Very permissive zoning for farm uses. **EXTRAS** If sold after seeding, farmer has right to harvest crop. Vendor willing to hold loan with 50% down. Terms TBD.
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