Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
New3 days ago

50 Liberty Street N

Bowmanville, Clarington

$990,000

Detached|Bungalow
2 | 2 | 5
About this home

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 $5500.00/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.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Ask my AI assistant

Schools, payments, offer timing, history — ask in plain words. This home is already in the conversation.

Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,561
Lot Size66 ft x 165 ft
mls© NumberE13849646
Listed ByEXPRESS REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,067
Property tax
$380
Heat allowance
$150
Housing costs
$5,597 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $198,000
25-yr amortization

Income needed

$172,000

gross annual household income

Payment at 4%
$4,166 / mo
Cash down
$198,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.