1302 Garage Rd

Armour | Armour | P0A 1C0
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$1,850,000

Est. Mtg $6,273 /mo
  • Days on market

    332

  • Status

    New

Listing Broker Chestnut Park Real Estate
Since listed: 3 views

Home details

MLS #:

X11948666

Property type:
Vacant Land
Style:
Taxes:
$1,141
Possession:
Immediate
Lot Front:
1294.73   Feet
Lot Depth:
3235.69   Feet
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


1302 Garage Rd, , Armour, Ontario is a Vacant Land property in Armour and in the Armour community in the P0A 1C0 postal code


RARE CLASS A LICENSED GRAVEL PIT WITH UNLIMITED TONNAGE, over 92 acres with 76.6 acres licensed for gravel pit area with 58.6 acres for extraction. Site plan is available. Approximately 50% river rock; pea stone, 1"-3", 3"-6", 6"-12" plus oversized and 50% sand products. Test holes were taken by Township when road was put in and varied from 80% rock to 50% rock. Lots of room for overburden. Creek crosses the back side of the property and on the east side for water access for washing river rock. Older scale house on site that needs repair, scale equipment should not take much to update. Zoned Extractive Industrial with creek/river (apron) zoned as Wetlands. The property is taxed as commercial, Industrial and Residential. The property abuts a 66' unopened road allowance (concession) that is zoned rural, therefore, the rehabilitation plan could be lucrative to a developer. OVER 10 MILLION TONNES OF UNTAPPED RESOURCES AVAILABLE. Outbuildings for equipment storage on site, steel building 48'x60' and barn approximately 40' x 40'. Original log home shell with new roof and septic on site, all buildings have hydro and water. Two driveways in to the property, one to the steel building and log home area and the other to barn, paddocks and scale house to gravel pit. So if your kids want some horses on site, the paddock and barn awaits. Located on year round Town maintained Road with access to Burk's Falls or Katrine via Three Mile Lake Road to Hwy 11 corridor. Star Link internet works great here! This area is up and coming for future development, people are coming further north to the Almaguin Highlands..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-05 2025-02 $1,850,000 $1,850,000 New X11948666
2025-02 $1,850,000 $1,850,000 X11923969

Comparables

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sold Date Address List Price sold Price DOM
2025-03 LOT 7 MILLIE'S Way, $149,000 $137,000 31
2024-09 1243 GARAGE Rd, $109,000 $97,500 14

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Armour :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 1302 Garage Rd

Based on available 3rd party data

$6503

Approximate costs per month

Mortgage
$6273 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$95 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Other
  • River/Stream
Listing Broker Chestnut Park Real Estate
Data Source: TRREB

Payment calculator

$6368 monthly. In association with: TD Bank
%
  • Principal and Interest
    6273 /mo
  • Property Taxes
    $95 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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