8870 COUNTY 93 Road Image 1

$5,900,000

$6,900,000
14.5% dropped

Last price change Jan 8

Aug 9, 2023Detached For Sale
bedrooms3bed
washrooms7bath
MLS - #S10439540

8870 COUNTY 93 Road, Midland, ON L4R 4K4

Virtual Tours

1
Similar Homes Found
$1,999,999
Average Price
195.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Detached

Lot size

100 + acres

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.65 x 3.99 mN/AMain
Dining Room5.18 x 2.36 mN/AMain
Foyer3.68 x 1.93 mN/AMain
Bathroom2.67 x 2.49 mN/AMain

About 8870 COUNTY 93 Road

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.

Home Overview

Last updated

Feb 20

Virtual tour

None

Basement information

Unfinished, Partial Basement

Building size

2510

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

2023

Listed by Sotheby's International Realty Canada, Brokerage (Collingwood)

Additional Details

Basement:Unfinished, Partial Basement
Cooling:Wall Unit(s)
Heating:Water
Parking Features:Private, Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$22534.00/ month
$4,720,000 Principal and Interest
$5,664,000 Property Taxes

Location

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Walk Score for 8870 COUNTY 93 Road

Some information about this property - COUNTY 93 Road

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