2263 Hwy 2

Clarington, ONDetached
$2,250,000
MLS® E13229752
Detached3 beds1 baths8 total
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About This Property

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). (id:63604)

Key Facts

Type
Detached
Beds
3
Baths
1
Size
1,100 sqft
Lot
210.3 x 671.4 FT
Parking
8 total

Highlights

  • Water Heater
Property Details 18 details
Bedrooms
3 bedrooms
3 above grade
Bathrooms
1 bathroom
Parking
8 parking spaces
Attached Garage · Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Unfinished
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
210.3 x 671.4 FT
Frontage
210.30 feet
Taxes
$4,969.00
Zoning
RH & A
Sewer
Septic System

Interior features

Water Heater

Exterior features

BrickPoured Concrete

Systems and association

ElectricityCable
Mortgage & Affordability Estimate monthly costs
Purchase price$2,250,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Rural Clarington
City
Clarington
Postal code
L1C 3K7
Nearby
Cross Streets: Hwy 2 & Maple Grove Rd. ** Directions: South side of Hwy 2, just West of Watson Farms.