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S6781012
$2,750,000

400 Newton St (Hwy. 12 And Newton)

Price: $2,750,000

Status: For Sale 

MLS®#: S6781012

$2,750,000
  • Tax: $823/Annual (2022)
  • Community:Victoria Harbour
  • City:Tay
  • Type:Commercial
  • Style:Land
  • Size: 10 Sq Ft

Features:

  • Sewer/Water SystemsNone, Other

Listing Contracted With: SUTTON GROUP INCENTIVE REALTY INC.

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

The definition of "Independent Retirement Home" does not include a long term care facility or semi-independent retirement home. Waste water allocation is pending completion of upgrades to sewage treatment plant.

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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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