1685-1755 Bowmanville Avenue

Lennard Commercial Realty (“the Advisors”) have been exclusively retained by their client (“the Vendor”) to coordinate the sale of a development assembly opportunity comprised of 1.89 acres of land located on the east side of Bowmanville Ave, south side of south side of Regional Highway 2, municipally known as 1685-1755 Bowmanville Ave in the Town of Bowmanville, Ontario

Planning Context

The Vendor, through multiple pre-consultations and formal discussions with the Town planners, has the site primed for the application process of one 5 storey building containing 80 stacked back-to-back townhouse units. The revised building height and density complies with the Clarington Official Plan and aligns with preferred Bowmanville West Major Transit Station Area Secondary Plan land use designation. The site is positioned extremely well directly across the proposed new GO Station.

Opportunity

The Advisors, on behalf of the Vendor, are soliciting development and building firms for Agreements of Purchase and Sale. A data room has been prepared, please contact Brennan Shier or Aran Pope of Lennard for access. The Property is being sold on an “as is” basis and offers will be reviewed on a “first come, first served” basis.

Development Statistics

Total # of Units

80

Total GFA

158,200 SF

Height

5 Storeys

Parking

89 Above Grade Spaces

Gross Rental Income (monthly)

$15,600