$ 2,750,000
400 Newton ST Tay, ON L0K 2A0
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$ 2,750,000
Est. payment | /mo
10 SqFt
$ 2,750,000
Est. payment | /mo
10 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 10 sqft
Price per Sqft $275,000
MLS Listing ID S9250687
Annual Tax Amount $823
Tax Year 2023
Property Description
*This concept is in the process of being changed to High Density Residential. The number of Units is still to be determined* Draft site plan has been submitted to the municipality for the construction of 86 units in 11 buildings and 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.
Location
Province ON
County Simcoe
Community Major Highway, Greenbelt/Conservation
Area Victoria Harbour
Exterior
Community Features Major Highway, Greenbelt/Conservation
Utilities Available Available
Listed by SUTTON GROUP INCENTIVE REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN