Address
8870 County 93 Road, Midland, ON
Price
$ 9,900,000
Property Attributes
  • ID#40397141
  • TypeSingle Family
  • CityMidland
  • AreaMD - Midland
  • NeighbourhoodMD02 - West of King Street
  • Postal CodeL4R 4K4
  • StyleTwo Story
  • Taxes$ 7855
  • Price$ 9,900,000
  • Bedrooms3
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2510
  • Lot Size115.782 Acres
Data Source:
Ontario Regional (ITSO)
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.

Price History
8/9/2023 Listed $10,500,000
4/16/2024 6% - $9,900,000

General Features

Interior Features In-law Capability,Water Treatment
Sewer Septic Tank
Heating Gas Hot Water,Radiant Floor,Wood Stove
Cooling Wall Unit(s)
Utilities Cell Service,Electricity Connected,Garbage/Sanitary Collection,High Speed Internet Avail,Natural Gas Connected,Recycling Pickup,Phone Available
Roof Asphalt Shing
Appliances Water Heater Owned,Dishwasher,Hot Water Tank Owned,Microwave,Stove
Exterior Features Landscaped
Zoning RU-11,EP
Patio/Porch Features Deck,Patio
Architectural Style Two Story
Pool Features None
Security Features None
Construction Materials Vinyl Siding
Exclusions Personal Possession,Furniture And Sauna
Topography Dry,Level,Rolling,Sloping
Property SubType Single Family Residence
Waterfront Features Lake Privileges
County Simcoe County
New Construction No
Property Type Residential
Facing Direction East
Garage Y/N No
Other Structures Shed(s),Storage,Workshop,Other
Total Rooms 17
Status Active
Directions Highway 12 to County Rd 93 north to 8870 on west side. Sign on Property.
City Midland
Senior Community Y/N No
Open Parking Spaces 16
Total Units 2
MLS Area MD - Midland
Lot Size Square Feet 5043463.92
Waterfront Y/N No
Street Name County 93
Property Attached Y/N No
Year Built Details Town Records
MLS Area Minor MD02 - West of King Street
Virtual Tour https://my.matterport.com/show/?m=A6tcq3ufrXZ&brand=0
Building Area Units Square Feet
Standard Status Active
Virtual Tour https://my.matterport.com/show/?m=A6tcq3ufrXZ&mls=1

Interior Features

Basement Partial,Unfinished
Total Fireplaces 1
Fireplace Features Wood Burning Stove
Kitchen Level Main,Second
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Window Coverings
Fireplace Y/N Yes
Above Grade Finished Area 2510
Full Baths 4
Street Suffix Road
Laundry Features Main Level,Upper Level
Total Bedrooms 3
Electric On Property Y/N Yes
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Source LBO Provided
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Lot Features Rural,Irregular Lot,Airport,Arts Centre,Beach,Dog Park,City Lot,Near Golf Course,Greenbelt,Highway Access,Hospital,Library,Marina,Park,Place of Worship,Playground Nearby,Regional Mall,School Bus Rout
Water Source Drilled Well
Total Parking 16
Inclusions Dishwasher,Hot Water Tank Owned,Microwave,Stove,Window Coverings,Washer X 2,Dryer X 2
Lot Size Area 115.782
Foundation Details Block,Perimeter Wall,Stone
Number of Buildings 2
Building Area Total 2510
Lot Dimensions 0 x 382.29
Lot Size Acres 115.782
Frontage Length 382.29
Frontage Type West
Lot Size Units Acres
Lot Size Source GeoWarehouse
Road Frontage Type Municipal Road,Year Round Road
Crops Included Y/N No
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • 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
1938
Data Provided by Inside Real Estate®
Walkscore
AVG 23
23
Data Provided by Walkscore® not using MLS data