424 Penetanguishene Rd

Springwater | Centre Vespra | L4K 4Y8
  • 53.0 sqft
  • 0 gar

$5,000,000

Est. Mtg $16,954 /mo
  • Days on market

    116

  • Status

    A

Listing Broker RE/MAX WEST REALTY INC.
Since listed: 1 views

Home details

MLS #:

S11909233

Property type:
Land
Style:
Taxes:
$4,500
Possession:
TBA
Condo Fee:
Lot Size:
662.47 X 1432.19
Zoning:
Recreational
Use:
Golf
Heat:
Gas Forced Air Open

Description


424 Penetanguishene Rd, , Springwater, Ontario is a Land property in Springwater and in the Centre Vespra community in the L4K 4Y8 postal code


Location, Location, Location! Situated at the gateway to the north, this 53-acre property backs onto the Hwy 400 merge/split and fronts Hwy 93, offering unbeatable exposure. Just 500m from Georgian Drive, with quick access to RVH & Georgian College, this property is primed for success. An incredible investment opportunity for development or the perfect place to relocate your business, this property has the potential for over $1 million in sales from five core businesses, operating successfully for 25+ years. Revenue streams include a 9-hole golf course with pristine greens and stunning views, a 9000 sq. ft. clubhouse with turf garages, a practice driving range, a modern bistro restaurant, a grand ballroom and seasonal venue room, and four fully furnished rental suites that can generate over $4,000 in monthly revenue. Beyond its current operations, the property offers exciting development potential with 10 acres for expansion. The current zoning also allows the clubhouse expansion of a hotel with 40+ rooms for accommodation. With the City of Barrie expanding its boundaries, this property is poised to fall within city limits, unlocking unparalleled future growth potential. The current owner is retiring and willing to provide training. Don't miss this rare opportunity to own a prime piece of land with unlimited potential!.

Extras

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Payment calculator

$17329 monthly. In association with: TD Bank
%
  • Principal and Interest
    16954 /mo
  • Property Taxes
    $375 /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

Amadore Zhao, Realtor

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