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Rural Clarington, Clarington
$2,250,000
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).
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,969 |
| Lot Size | 210.26 ft x 671.38 ft |
| mls© Number | E13229752 |
| Listed By | Keller Williams Energy Real Estate |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $11,517
- Property tax
- $414
- Heat allowance
- $150
- Housing costs
- $12,081 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$372,000
gross annual household income
- Payment at 4%
- $9,468 / mo
- Cash down
- $450,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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