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Renanza Realty
For sale

264 KING STREET E

Clarington (Bowmanville), Ontario

MLS® E13737926

$5,000,000

Status
Active
Property type
Multi-family
MLS® number
E13737926
Bedrooms
Bathrooms
Year built

Listing description

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.

Property summary

MLS® number
E13737926
Property type
Multi-family
Building type
Multi-Family
Square footage
2 sq ft
Land size
1.805 acres
Days on market
15 days

Features & details

Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Lot features
Irregular lot size, Elevator

What would this home cost you?

Based on the $5,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$23,264 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Jazz INC., Oshawa.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.