• Mobile: 1-866-382-2968
  • Office: 416-548-7854
  • Fax: 416-981-7184

$5,000,000
Available - For Sale
Listing ID: E13737926
264 King Street East , Clarington, L1C 1P9, Durham


Three-storey stucco-sided structure, offering approximately 74,000 square feet (6,875 square metres) above grade, plus a fully finished basement level. It is currently configured as a long-term care and retirement home facility. Please note that this building will not have future utility as a long-term care facility, as the bed allotment has been relocated to a new facility. Lands: Approximately 1.805 acres of land, located on the northeast corner of King Street East and Galbraith Court, with 317 feet of frontage along King Street East and 250 feet along Galbraith Court. This property is ideally located across the road from the Bowmanville Mall, an enclosed mall anchored by both a large-brand grocery chain and a large-brand pharmacy chain. Additionally, the subject property abuts a new five-storey, 32-unit residential build to the east and a mix of single homes and townhomes to the north. Zoning: The current zoning is R1-3 and is included in the "East Business District" as part of the recently approved Bowmanville East Urban Centre Secondary Plan, with an intended land use of Medium Density Residential. Note: Property Taxes are not assessed, as prior long-term care use was exempt.
Price $5,000,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Vacant
Address: 264 King Street East , Clarington, L1C 1P9, Durham
Postal Code: L1C 1P9
Province/State: Durham
Legal Description: PT LT 9 CON 1 DARLINGTON PTS 1, 2, 3, 4
Directions/Cross Streets: King St E / Liberty Street S
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Apartment
Use: Seniors Residence
Building Percentage: T
Total Area: 1.80
Total Area Code:  Acres
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
Sewers: Sanitary
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
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.

$
%
Years
This calculator 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.
RE/MAX Jazz INC.
Personal Picture
Maria Tompson
Sales Representative
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Durham
Municipality: Clarington
Neighbourhood: Bowmanville
Style:
Lot Size: x 246.76(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years