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8870 County 93

Midland | Midland

$6,900,000.00

Listed about 1 year ago

  • 3 bed
  • 4 bath
  • 2500-3000 sqft
  • 16.0 parking
  • Detached

Instant Estimate

$4,626,557

-$2,273,444 compared to list price

  • Upper range

    $5,960,959

  • Mid range

    $4,626,557

  • Lower range

    $3,292,154

Property history

  • Aug 9, 2023
    1 year ago

    Price Change

    Listed for $6,900,000.00 • 12 months on market

  • Aug 9, 2023
    1 year ago

    Terminated

    Listed for $10,500,000.00 • 5 months on market

Location & area

Schools nearby

Home Details

Description
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.
Additional media
https://my.matterport.com/show/?m=A6tcq3ufrXZ&brand=0
Property taxes
$7,885.87 per year / $657.16 per month
Basement
Part Bsmt
Basement
Unfinished
Year build
100+
Type
Detached
Bedrooms
3
Bathrooms
4
Parking spots
16.0 Total
Floor
-
Balcony
-
Pool
None
External material
Vinyl Siding
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Other
Fire place(s)
Y
  • Main
    Living
    16’11” x 13’7”
    Kitchen
    15’3” x 13’1”
    Dining
    16’12” x 7’9”
    Foyer
    12’1” x 6’4”
    Exercise
    20’0” x 11’4”
  • 2nd
    Prim Bdrm
    16’12” x 11’2”
    Bathroom
    9’5” x 5’2”
    Br
    13’7” x 8’4”
    Br
    10’1” x 8’3”
    Bathroom
    9’7” x 5’10”
    Kitchen
    11’1” x 6’12”
    Living
    20’12” x 14’3”

Listing Brokerage

MLS® Listing
S6728296
Brokerage
SOTHEBY`S INTERNATIONAL REALTY CANADA

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