Property Detail

220 Lake Rd, Clarington

$ 3,588,000

Description

Grow-Op Facility Approved For Cannabis Usage. Are You Looking For A Positive Cash Flow Investment? Approx. 3 Acre Parcel Includes: 42,000 Sq Ft. Cement Pad & Footings, Fully Serviced Water, Sewers, Hydro & Drains. Seller & Buyer To Complete 42,000 Sq Ft Building Included In The Purchase Price. Building To Be Divided Into 10 Units (8X 5,000 Sq Ft, 2X 2,000 Sq Ft Units). All Units Are Pre-Leased For 10 Years. Gross Income $720,000/Year Once All Tenants Take

Possession. For Sale Is The Land, Anticipated Building & 10, 10-Year Leases Pre-Signed With Credit Apps. Business Is Not For Sale.

Additional Details

  • Lot Size
    351.40 X 337.00 Ft.
  • Community
    Bowmanville
  • Tax
    $11499.48

Features

  • Fireplace
  • Pool
  • Elevator
  • Furnished
  • Family Room
  • Central Vacuum
  • Retirement
  • Water Front

Location

220 Lake Rd , Clarington, Ontario L1C4P8

Nearby Schools

  Green Yellow Orange Red
Fraser Institute
Rating (out of 10)
10.0-7.6 7.5-6.0 5.9-4.1 4.0-0.0

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

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Listing Brokerage

  • CENTURY 21 HERITAGE GROUP LTD., BROKERAGE