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S5845763
$2,750,000

400 Newton St (Hwy 12 & Nelson St.)

Price: $2,750,000

Status: For Sale 

MLS®#: S5845763

$2,750,000
  • Tax: $822/Annual (2022)
  • Community:Victoria Harbour
  • City:Tay
  • Type:Commercial
  • Style:Land
  • Size: 11 Sq Ft

Features:

  • HeatingNone
  • Sewer/Water SystemsNone, Other

Listing Contracted With: SUTTON GROUP INCENTIVE REALTY INC., BROKERAGE

Description

Draft Site Plan Has Been Submitted To The Municipality For The Construction Of 86 Units In 11 Buildings As Well As A Common Room/Office Building. Technical Design For The Project Has Been Agreed To By The Municipality. Draft Site Plan Approval Is Pending. The Property Is Zoned Institutional, I-2, Independent Retirement Residence Which Allows For A Wide Range Of Uses Including Senior Citizens Residence, And Retirement Rental Units. Over 10 Acres Of Vacant Land Located Within The Victoria Harbour Settlement Area And 10Km East Of The Town Of Midland. The Building Envelope Is Surrounded By Mature Forest Including Oak, Maple And Beech Trees. The Tay Trail, Scenic Victoria Harbour, Public Beaches, And Georgian Bay Are Within Easy Walking Distance If The Property. 7 Minutes To Waubaushene And 12 Minutes To Beautiful Port Severn.


Highlights

Legal Descrip. Con't: Pl 459 Tay Pt 1, 51R20429, Except 51R21720; Tay Together With An Easement Over Part Road Allowance Between Concession 6 & 7 Tay, Part 3, 51R13311 As Closed By By-Law 2010-57 As In Ro1474066 As In Sc1822761

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Maria Casula

Sales Representative

Sutton Group-Incentive Realty Inc., Brokerage

Helping People with Honesty, Integrity and Gratitude!

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