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Project Agricultural Land
Transaction Type:
Inviting Investment / Ready to sell business - Sell
Country:
Canada
Employment:
N/A
Jobs Saved:
N/A
Industry:
Construction, Infrastructure
Sector:
Housing , Commercial
Business Description:
19.2 Acres of flat land with two well-travelled road frontages. It is located just west of the Urban Boundary for Bowmanville and east of the boundary for Courtice.
This is an ideal Land Bank with prime location and has great potential for future development.
The land is situated within a Hamlet zoning area with a plethora of mixed zoning surrounding the property.
It is presently zoned as Agriculture but is not considered PRIME Agricultural land which provides an opportunity to potentially apply for a zoning change to allow for multiple residential builds.
Product Description:
Natural Gas is available at the property. The farmhouse located on the property operates on well water and a septic bed system.
It is within walking distance to amenities and situated close to town’s Police Head Quarters.
This property has location, necessity and safety all within an area of potential development in 10 to 20 years.
This farm comes with a livable and recently vacated 4 bedroom farmhouse which is perfect for renting.
State:
Toronto
Business Type:
Construction
Experience:
15-25 Years
Employee:
N/A
Verified By:
ILO Consulting Services Private Limited
Revenue (US$ m):
N/A
Opportunity Detail:
Inviting Investment / Ready to sell business - Sell
Type of Transaction
100% acquisition
Asking Price
US$ 5m
Reason for Sale
The owner of the property is looking to sale the agricultural property near Toronto which has high development potential.
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