4006 Clarke Concession Road 8 Road

Rural Clarington, Clarington · MLS® E13592016

Land · Vacant Land · 94 days on market

listed by CLAUDIO BAIOCCHI, RIGHT AT HOME REALTY

realtor's description

Attention All Investors And Developers - Excellent and RARE investment opportunity for 192 Acres of land (App. $14K per Acre!!). This is one of the largest parcels of land currently offered for sale in the Municipality of Durham. The property is only a few minutes away from the 407. Build your dream mansion on this beautiful land or purchase it as an inflation hedge, a haven for protecting cash, or for future developments.. Nearby amenities and services are available, with easy connectivity and accessibility to major highways. There is road frontage on Concession Road 8.

property details

type: Land, Vacant Land
parking: 0
property tax: $6,952 / yr
days on market: 94
MLS®: E13592016

monthly cost

$12,779/mo

Mortgage $12,199 · Tax $579

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$12,199/ monthly

loan $2,239,999

25-year amortization

down payment20% · $560,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,419,799
cash to close: $560,000; down payment; transfer tax and fees not included
total paid: $3,659,798

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

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