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$4,500,000
Available - For Sale
Listing ID: E11962889
Prime development land at the northwest corner of Spry Avenue and Baseline Road. Good access to Highway 401 and Highway 407. 3.3 acres or 1.335 hectares. As per a 2024 Municipal Zoning Order, the permitted uses are residential including link townhouses, stacked townhouses, street townhouse and apartment building. Minimum density is 60 units per hectare and maximum is 100 units per hectare. Apartment buildings can be from two to six storeys. The Buyer is to satisfy themselves regarding zoning and potential uses. The Municipality of Clarington reserves the right to accept any offer and not necessarily the highest offer. Offers are to be conditional for 60 days after acceptance, upon council approving the agreement.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $32,500 $65,000 $97,500 $130,000
First Mortgage $617,500 $585,000 $552,500 $520,000
CMHC/GE $16,981.25 $11,700 $9,668.75 $0
Total Financing $634,481.25 $596,700 $562,168.75 $520,000
Monthly P&I $2,717.43 $2,555.62 $2,407.73 $2,227.12
Expenses $0 $0 $0 $0
Total Payment $2,717.43 $2,555.62 $2,407.73 $2,227.12
Income Required $101,903.78 $95,835.74 $90,289.69 $83,516.99

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RE/MAX JAZZ INC.

200 Baseline Rd West , Clarington, L1C 4K9, Ontario

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Land
Area: Durham
Municipality: Clarington
Neighbourhood: Bowmanville
Style:
Lot Size: 249.00 x 350.00(Feet)
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Maintenance Fee: $0
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