264 King Street E Clarington, Ontario L1C 1P9

$5,000,000

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 because long-term care homes fall under the municipal tax exemption. (id:58073)

Business

Business Type	Institutional
Business Sub Type	Retirement home

Property Details

MLS® Number	E13737926
Property Type	Multi-family
Community Name	Bowmanville
Features	Irregular Lot Size, Elevator

Building

Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	2 Acres
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	Yes
Sewer	Sanitary Sewer
Size Depth	246 Ft ,9 In
Size Frontage	317 Ft ,7 In
Size Irregular	1.805
Size Total	1.805 Ac
Size Total Text	1.805 Ac
Zoning Description	R1-3

https://www.realtor.ca/real-estate/30226573/264-king-street-e-clarington-bowmanville-bowmanville