$1,100,000
For sale: Detached

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 $4700.00/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.
Sold data
Detached homes in Clarington (Bowmanville) took a median of 17 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 33, across 218 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.
The median sale price was $799,900.
Homes sold for about 1.7% below asking on average, so there was room to negotiate.
About 21% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 218 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
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