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Overview
Bedroom
3
Bath
4
Property Type
Single Family
Title
Freehold
Neighbourhood
Midland
Square Footage
square meters
Storeys
2
Annual Property Taxes
$7,856
Time on REALTOR.ca
545 days
Parking Type
No Garage
Building Type
House
Community Feature
School Bus
Property Description
Introducing an unparalleled investment opportunity within the town of Midland, Ontario, strategically positioned with direct access from Hwy 93. This expansive 115+ acre parcel boasts prime visibility and seamless connectivity to major transportation arteries, making it an irresistible prospect for astute developers seeking a foothold in a strategic growth area. Presently zoned rural with an exception permitting machine shop operations across the entire property. By-Laws allow for up to 35% lot coverage, unlocking vast expansion prospects such as a sprawling fabrication hub. At the core of the property lies a fully operational machine shop, celebrated for its precision CNC machining, milling, welding, and fabrication capabilities. Boasting a 3600 sq. ft. workshop, complete with a 16 ft door facilitating ground level access for large-scale equipment and machinery. Essential amenities including bathrooms, two expansive offices, and a dedicated lunchroom ensure optimal operational efficiency. Additionally, a modernized 3-bedroom residence spanning 2,500 sq. ft. affords the unique opportunity for onsite living and working. The property's potential is further accentuated by a 66-foot unopened laneway at the rear, poised to enable future access from Marshall Road, paving the way for additional development prospects. With a strategic zoning adjustment, the site could seamlessly transition into a lucrative residential subdivision, further enhancing its investment appeal. Conveniently situated mere minutes from key amenities, including Georgian Bay and Huronia Regional Airport, and offering swift access to Hwy 400, Barrie, the GTA, Toronto International Airport, and the US Border. The seller is open to facilitating the transaction through a Seller Take Back Mortgage, subject to mutually agreeable terms and buyer credit worthiness approval. Don't miss your chance to capitalize on this prime investment prospect in one of Ontario's most promising growth corridors. (id:56270)
Property Details
Property ID
Price
Property Size
25924819
$ 5,900,000
382.3 FT
Property Type
Property Status
Single Family
Active
Address
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Rooms
Room Type | Level | Dimensions | |
---|---|---|---|
Kitchen | Second level | ||
Bathroom | Second level | ||
Living room | Second level | ||
Living room | Main level | ||
Kitchen | Main level | ||
Dining room | Main level | ||
Bathroom | Main level | ||
Primary Bedroom | Second level | ||
Bathroom | Second level | ||
Bedroom | Second level | ||
Bedroom | Second level | ||
Bathroom | Second level |
Building
Interior Features
Appliances
Dishwasher, Stove, Dryer, Microwave, Water Treatment, Window Coverings, Water Heater
Basement
Unfinished, Partial
Flooring
Tile, Laminate
Building Features
Features
Sloping, Rolling, Dry, Level
Foundation Type
Stone, Block
Fire Protection
Woodstove
Heating & Cooling
Heating Type
Hot water radiator heat, Natural gas
Cooling Type
Wall unit
Utilities
Utilities Type
Wireless, Natural Gas Available, Electricity Connected
Water Source
Drilled Well
Sewer
Septic System
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
School Bus
Measurements
Square Footage
square meters
Mortgage Calculator
- Principal and Interest $ 2,412
- Property Taxes $2,412
- Homeowners' Insurance $2,412
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Royal Lepage PRG Real Estate Brokerage
9300 Goreway Dr., Suite 201 Brampton, ON, L6P 4N1
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