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%

 

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