438 Rickard Road, Rural Clarington, Ontario
For Sale — $6,900,000
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.
Feature sheet

James (Jim) Abernethy

Broker Office: (905) 697-1900
Direct: (905) 261-7788
Profile
Details

Property

438 Rickard Road
Rural Clarington, Ontario, Canada
860X1325 Acres
E8199738

Listing provided by

James (Jim) Abernethy
Royal Service Real Estate Inc., Brokerage
April 4, 2024

Financial

For Sale
$6,900,000
$3,282 (2023)

Location

N/A
Designated
Other
N/A
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Area map Street view Amenities Walk score

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