Sold in conjunction with 50 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 4+2 bedroom bungalow generating approximately $4,700 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:57557)
| MLS® Number | E13231700 |
| Property Type | Multi-family |
| Community Name | Bowmanville |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 35,510 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 501 Ft |
| Size Frontage | 71 Ft |
| Size Irregular | 71 X 501 Ft |
| Size Total Text | 71 X 501 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/29844312/54-liberty-street-clarington-bowmanville-bowmanville
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