1 year on Market

8870 COUNTY 93 Rd, Midland, Ontario L4R 4K4

Detached
3
4
~2500-3000 sqft
$6,900,000
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Detached
3
4
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$2,530/sqft

Est. Mortgage$29,633/mo

Tax Amount (2023)$7,856/yr

Days On Market1 year


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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size-
Parking Spaces16
MLS ®NumberS10439540
Community NameMidland
Data SourceTRREB
Listing bySotheby's International Realty Canada, Brokerage (Collingwood)

Features

Heating: Water
Cooling: Wall Unit
Fireplace
Basement: Part Bsmt, Unfinished

2nd Floor

Living

6.40 x 4.34

Combined W/Dining / W/O To Deck / Laminate

Kitchen

3.38 x 2.13

Laminate / Combined W/Laundry / Pantry

Bathroom

2.01 x 1.60

4 Pc Bath / Laminate / Vaulted Ceiling

Prim Bdrm

5.18 x 3.40

Laminate


Parking

Garage spaces -

Garage type -

Total parking spaces 16


Property listed by Sotheby's International Realty Canada, Brokerage (Collingwood), Brokerage
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Population and Demographics

Overview

Total population 17454
Average household income $98,966

Age (%)

65 and plus
28%
50 to 64
22%
0 to 19
18%
20 to 34
16%
35 to 49
16%

Household composition (%)

Single family
61%
Single person
33%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
91%
French
3%
Others
3%
German
1%

House tenancy (%)

Owners
66%
Renters
34%

Schools and amenities

Estimated Budget