Property Description

Attention Developers, Builders & Investors! A rare opportunity to acquire a prime ~2-Acre Land Assembly in the heart of rapidly growing Bowmanville. Combining 50 & 54 Liberty St N, this high-density redevelopment site is perfectly positioned for a projected 31-84 unit townhouse development. Capitalize on the exploding housing demand in Clarington with a site that offers incredible scale and high-yield potential. While you secure your zoning amendments and municipal architectural permits, enjoy strong, immediate holding income of $5500.00/month from the existing stable tenancies to offset soft costs. Unbeatable, transit-oriented location just minutes to Highway 401 & 407, local schools, parks, shopping, and the upcoming Bowmanville GO Station expansion. Walk to historic Downtown Bowmanville. Properties sold together as a package assembly. Don't miss this lucrative, turnkey development asset! Seller already has a development proposal drawn up for 31-84 unit townhouse. (id:7434)