Beds 0 Bath

400 Newton Street, Tay, ON L0K 2A0

Tay L0K 2A0 Ontario

MLS: S12167304

$1,900,000

Added 12 days ago | For Sale

Listed by: SUTTON GROUP INCENTIVE REALTY INC.

About Property

Draft site plan has been agreed to by the municipality for the construction of 86 units in 11 buildings as well as a common room/office building. Draft site plan approval is pending. The property is zoned Institutional, I-2, Independent Retirement residence which allows for a wide range of uses including senior citizens residence, and retirement rental units. Attached is also a planners opinion of other alternatives that may be possible on this unique site Over 10+ acres of vacant land located within the Victoria Harbour Settlement Area and 10km east of the Town of Midland. The building envelope is surrounded by mature forest including oak, maple and beech trees. The Tay Trail, scenic Victoria Harbour, public beaches, and Georgian Bay are within easy walking distance if the property. 7 minutes to Waubaushene and 12 minutes to beautiful Port Severn. Easy access to major arteries and amenities! **Please see the attachments with two separate potential concept plans for options and consideration. The only other form of residential development currently not provided is a single mid rise apartment building.**

Features

  • House Style:Vacant Land
  • Bathrooms:0
  • Land Size:
  • Water:None
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:Hwy 12 & Newton
  • Basement: ,
  • Possession Date:Flex.
  • Annual Property taxes: $888
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:S12167304

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