Address
8870 County 93 Rd, Midland, ON
Price
$ 7,900,000
Property Attributes
  • MLS#S6728296
  • TypeSingle Family
  • CityMidland
  • AreaMidland
  • NeighbourhoodMidland
  • Postal CodeL4R 4K4
  • Style2-Storey
  • Taxes$ 7885
  • Price$ 7,900,000
  • Bedrooms3
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2750
  • Lot Size100 Acres
Data Source:
Toronto Real Estate Board (TRREB)
Property 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.

Price History
8/9/2023 Listed $10,500,000
4/16/2024 6% - $9,900,000
6/2/2024 21% - $7,900,000

General Features

Water Well
Zoning RU-11,EP
Garage Spaces 0.0
Extras Situated within the town of Midland on County Road 93,the property enjoys proximity to the town and all its amenities. The location's strategic placement also presents excellent future development op
Style 2-Storey
Heater Type Other
Parking Spaces 16
Community Amenities Midland
Rooms 6
Area Simcoe
Tax Year 2023
Lot Depth 3589.31
Basement Part Bsmt
UtilitiesHydro Yes
UtilitiesTelephone A
Status A
Features Golf
Features Hospital
Features Place Of Worship
Features Rolling
Features School
Taxes 7885.87
Legal Description PT N1/2 LT 102 CON 1 WPR TINY; PT S1/2 LT 102 ...
ApproxAge 100+
Square Footage Range 2500-3000
Property Sub Type Detached
Lot Front 382.29
Type .D.

Interior Features

Family Room No
Total Bedrooms 3
Heat Source Other
A/C Wall Unit
Basement Unfinished
Kitchens 1
Kitchens Plus 1
Fireplace Stove Yes
Laundry Level Main
Washrooms 4

Exterior Features

Pool None
Garage Type None
Drive Private
Exterior Vinyl Siding
Agriculture Farm Land & Bldgs
Fronting On NSEW W
Sewers Septic
Acreage 100+

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L4R 4K4

Price
AVG $6.68M
$7.9M
Taxes
AVG $5,976
$7,885
Visits
AVG 1918
2308
Data Provided by Inside Real Estate®