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$1,700,000
Available - For Sale
Listing ID: E11934099
350 Lake Rd , Clarington, L1C 4P8, Ontario
Your opportunity to acquire an A+ industrial location! Perfect for end-users or investors. Dual frontage corner lot, fully serviced, and improved, flexible zoning uses, and tenanted by a major company: Triple Net lease with $63,000 NOI annually and 5% ANNUAL ESCALATIONS! CLEAN ENV. REPORT COMPLETED. DD documents available with request & CA. Smaller lots like this hard to find! Great change for affordable building up to 60% coverage ration (+/- 39k sq. ft.) Collect rent + get approvals - and benefit from this great location minutes from Hwy 401. Future 401 interchange planned only 0.50 km away! Bowmanville is experiencing fantastic growth at the center of the Municipality of Clarington. **EXTRAS** Existing 600 sq. ft. trailer on-site in excellent condition and included.
Price $1,700,000
Taxes: $5,516.2
Tax Type: Annual
Occupancy by: Tenant
Address: 350 Lake Rd , Clarington, L1C 4P8, Ontario
Postal Code: L1C 4P8
Province/State: Ontario
Legal Description: PCL 6-2 Sec 10M831; Pt. Blk 6 Pl 10M831
Directions/Cross Streets: Lake Road/Butler Court
Zoning: M1-7 - Light Ind
Category: Industrial
Building Percentage: N
Total Area: 1.5
Total Area Code:  Acres
Office/Appartment Area: 600
Office/Appartment Area Code: Sq Ft
Area Influences: Major Highway  
Sprinklers: N
Outside Storage: N
Rail: A
Crane: N
Soil Test: Envirn Audit
Heat Type: None
Central Air Conditioning: N
Sewers: San+Storm Avail
Water: Municipal
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE

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