About 438 Rickard Rd
20.6 acres designated "Employment Lands" in the Region of Durham 2023 Official Plan. 1,273 feet frontage on Highway 401. Located immediately west of Highway 35/115 Interchange provides easy access to Hwy 2, Hwy 401 & Hwy 35/115. Well maintained farmhouse (duplexed) and outbuildings (see photos). MPAC Assessment "Code 221 - Farm with residence - with commercial/industrial operation". Seller projects $183k net income in 2024 from multiple revenue streams: a) long term lease with communication tower company, b) well established recreational vehicle storage business (since 1996 - see aerial views), c) municipal certified legal non-conforming residential duplex (farmhouse), d) 12 KVW Micro Fit Producer. See projected 2024 revenue/expense report in attachments (Schedule B). Buyer responsible for completing own due diligence. See MLS Listing for additional files.
Features of 438 Rickard Rd
| MLS® # | E8199738 |
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| Price | $6,900,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Land |
| Status | A |
Community Information
| Address | 438 Rickard Rd |
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| Area | Durham |
| Subdivision | Rural Clarington |
| City | Clarington |
| Province | Ontario |
| Postal Code | L1C 3K5 |
Amenities
| Utilities | Y |
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Exterior
| Lot Description | 860.00x1325.00 Acres |
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Additional Information
| Zoning | Designated "Employment Lands" in Reg OP |
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| Taxes | $3,282.08 |
| Maintenance Fee | $0.00 |
| Directions/Intersection | Exit Hwy 401 At Bennett Rd, Go 3/4 Km North To Hwy |
| Has Elevator | No |
| Days On Website | 26 |
Listing Details
| Office | ROYAL SERVICE REAL ESTATE INC. |
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