Active
8870 County 93 Road
Midland ON, L4R 4K4
C$6,900,000
C$2,749.00 per sqft
Active
3 Beds
4 Baths
2,510 sqft
Residential
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.
40397141
MLSⓇ ID
August 9, 2023
Listed
November 21, 2024
Updated
Map
8870 County 93 Road
Midland ON, L4R 4K4
Interior Features
Bedrooms
3
Total Bathrooms
4
Full Bathrooms
4
Interior Features
In-law Capability, Water Treatment
Appliances
Water Heater Owned, Dishwasher, Hot Water Tank Owned, Microwave, Stove
Laundry Description
Main Level, Upper Level
Fireplace
Yes
Fireplace Description
Wood Burning Stove
Cooling
No
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Gas Hot Water, Radiant Floor, Wood Stove
Exterior/Building Features
Lot Size
115.78 Acres
Exterior Features
Landscaped
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 Route, Schools, Shopping Nearby, Skiing, Trails
Architectual Style
Two Story
Roof
Asphalt Shing
Sewer
Septic Tank
Other Property Details
Area Name
MD - Midland
Taxes
$7,856
Tax Frequency
Annually
Garage
No
Parking Total
16
View
No
County
Simcoe County
Water Source
Drilled Well
Pool
No
Pool Features
None
Zoning
RU-11, EP
Listing History
Date | Event | Price |
---|---|---|
8/2/2024 | Price change | $6,900,000 -13% |
6/1/2024 | Price change | $7,900,000 -21% |
4/16/2024 | Price change | $9,900,000 -6% |