Address
8870 COUNTY 93 Road, Midland, ON
Price
$ 9,900,000
Property Attributes
  • ID#40397141
  • TypeSingle Family
  • CityMidland
  • NeighbourhoodMD02 - West of King Street
  • Postal CodeL4R 4K4
  • Style2 Level
  • Price$ 9,900,000
  • Bedrooms3
  • Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2510
  • Lot Size115.782 Acres
Data Source:
Canadian Real Estate Association (CREA)
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:7434)

General Features

Features Conservation/green belt,Country residential
Community Features School Bus
Property Type Single Family
Zoning Description RU-11,EP
Ammenities Airport,Beach,Golf Nearby,Hospital,Marina,Park,Place of Worship,Playground,Schools,Shopping,Ski area
Building Appliances Dishwasher,Microwave,Stove,Window Coverings
Building Architectural Style 2 Level
Building Cooling Type Wall unit
Location Description Highway 12 to County Rd 93 north to 8870 on west side. Sign on Property.
Parking Space Total 16
Foundation Type Stone
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present True
Building Fireplace Total 1
Building Fireplace Type Stove
Building Heating Type In Floor Heating,Stove,Hot water radiator heat
Basement Development Unfinished
Basement Type Partial (Unfinished)
Construction Style Attachment Detached
Fireplace Fuel Wood

Exterior Features

Structure Workshop,Shed
Land Amenities Airport,Beach,Golf Nearby,Hospital,Marina,Park,Place of Worship,Playground,Schools,Shopping,Ski area
Sewer Septic System
Exterior Finish Vinyl siding

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L4R 4K4

Price
AVG $9.9M
$9.9M
Visits
AVG 1139
838
Data Provided by Inside Real Estate®