40 days on Market

5188 highway 26 Frwy, Clearview, Ontario L0M 1S0

Detached
4 + 2
3
~3000-3500 sqft
$2,899,888
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Detached
4 + 2
3
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$897/sqft

Est. Mortgage$12,454/mo

Tax Amount (2024)$6,200/yr

Days On Market40 days


Description

Large Acreage: With almost 90 acres of land, the property offers plenty of space for farming, recreational activities, or future development.Farming Potential: Approximately 50 acres are ideal for farming or a hobby farm, providing an opportunity for agricultural income or personal cultivation.Significant Rental Income: The property generates a solid short-term and long-term rental income of over $160,000 per year, making it a great investment opportunity.Additional Lease Income: Leasing the land to a farmer can earn you an additional $8,000 annually, enhancing the overall return on investment.Low Property Taxes: With property taxes around $6,000 per year, the holding costs for such a large piece of land are relatively low.Prime Location: The property is conveniently located within 10 minutes of Wasaga Beach and 15 minutes from Barrie, providing easy access to amenities, entertainment, and recreational spots.Outdoor Amenities: It features an in-ground swimming pool and a hot tub, which add to its appeal for personal enjoyment or as a rental feature.Ideal for Hunting: The property size and natural surroundings make it perfect for hunting enthusiasts, adding to its recreational value.Land Banking Opportunity: Investing in a large piece of land like this provides a great opportunity for land banking, where the property value could appreciate over time.Versatile Usage: Whether you are looking for a farming opportunity, a recreational retreat, a rental income property, or a long-term investment, this property offers a versatile range of use.


Property Details

StyleBungalow
View-
Age of property31-50
SqFt~3000-3500 SqFt
Lot Size3,867,988 SqFt(4054.75 x 953.94)
Parking Spaces32
MLS ®NumberS9469303
Community NameClearview
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O

Main Floor

Living

0.00 x 0.00

Hardwood Floor / O/Looks Pool / Large Window

Family

0.00 x 0.00

Hardwood Floor / Fireplace Insert / W/O To Deck

Dining

0.00 x 0.00

Open Concept / Eat-In Kitchen / W/O To Deck

Kitchen

0.00 x 0.00

B/I Dishwasher


Features

Lot size: 3,867,988 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 30

Total parking spaces 32


Property History

Now
ListedFor Salefor$2,899,888Active
40 days on market
Listing by trreb®
history photo preview40
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Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage
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