5900 Main Street
Clarington (Orono), Ontario L0B1M0

5 beds · 4 baths · 2999.975 - 3499.9705 sqft

Welcome to a rare opportunity in the heart of Orono, where prime developmental land awaits your vision. Nestled minutes away from Highways 115 and 407, this expansive parcel spans over 29 acres of potential. Boasting a strategic location and desirable features, this property presents a rare chance for developers and investors to make their mark. At the heart of this offering lies approximately 12 acres within the urban boundary, 8 Acres Currently Zoned R-1 fronting on Main St and can be serviced by municipal water installed in 2018. The sandy soil composition of the land is ideal for septic systems, ensuring ease of development. The flat lay of the land provides a versatile foundation for realizing your vision. Attached is a draft for the potential severance of 11 acres, further expanding the canvas for your development ambitions. Don't miss out on this rare chance to secure a piece of Orono's future. (id:39198)

Facts & Features

Building Type House, Detached

Year built

Square Footage 2999.975 - 3499.9705 sqft

Stories 2

Bedrooms 5

Bathrooms 4

Parking 8

NeighbourhoodOrono

Land size 286.6 x 409.1 M|25 - 50 acres

Heating type Forced air

Basement typeN/A (Finished)

Parking Type Attached Garage

Time on REALTOR.ca3 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RE/MAX IMPACT REALTY

Powered by: REALTOR.ca

Home price

$14,888,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$135,428 / month

Rent $119,762

Savings $15,666

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$119,355 / month

Rent $116,095

Savings $3,259

Initial deposit 5%

Savings target Fixed at 5%

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