8870 County 93 Rd
Midland | Midland | L4R 4K4- 3
- 4
- 0
Ask: $10,500,000 $6,900,000
-
Days on market
476
-
Status
Pc
Home details
- MLS #:
S6728296
- Property type:
- Detached
- Style:
- 2-Storey
- Taxes:
- $7,886
- Possession:
- Flexible
- Lot Front:
- 382.29 Feet
- Lot Depth:
- 3589.31 Feet
- Basement:
- Part Bsmt | Unfinished
- Driveway Pkg:
- 16
- Heat:
- Other | Other
Description
8870 County 93 Rd, , Midland, Ontario is a Detached property in Midland and in the Midland community in the L4R 4K4 postal code
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..
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 opportunities..
History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
2023-08 | 2024-01 | $10,500,000 | $10,500,000 | Ter | S6728276 |
2023-08 | 2024-08 | $10,500,000 | $6,900,000 | Pc | S6728296 |
2024-08 | $10,500,000 | $6,900,000 | S7370676 | ||
2024-08 | $10,500,000 | $6,900,000 | S6728288 |
Comparables
Sign in for full accesssold Date | Address | List Price | sold Price | DOM |
2024-11 | 963 Wright Dr, | $699,900 | $694,000 | 138 |
2024-11 | 1030 Whitney Cres, | $635,500 | $615,000 | 46 |
2024-10 | 365 Pheasant Lane, | $1,499,900 | $1,266,000 | 108 |
2024-10 | 387 Yonge St, | $499,000 | $475,000 | 123 |
2024-10 | 1650 Golf Link Rd, | $1,200,000 | $1,200,000 | 63 |
2024-09 | 342 Seventh St W, | $585,900 | $560,000 | 44 |
2024-08 | 621 HUGEL Ave, | $499,999 | $510,000 | 83 |
2024-08 | 107 Woodland Dr, | $739,000 | $720,000 | 44 |
2024-08 | 351 Galloway Blvd, | $695,000 | $679,500 | 55 |
2024-07 | 755 Birchwood Dr, | $499,000 | $483,000 | 26 |
2024-07 | 758 Hugel Ave, | $449,500 | $447,000 | 57 |
2024-07 | 985 Whitney Cres, | $599,900 | $600,000 | 7 |
2024-05 | 123 Griffin St, | $849,900 | $835,000 | 60 |
2024-05 | 641 Bay St, | $649,000 | $638,000 | 13 |
2024-04 | 174 Griffin St, | $719,900 | $700,000 | 24 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Detached
Sale activity
Midland :
Municipality activity All Property Types
Sale activity
Midland :
Estimated running costs for 8870 County 93 Rd
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $23396 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $657 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Golf
-
Hospital
-
Place Of Worship
-
Rolling
-
School
Payment calculator
-
Principal and Interest
23396 /mo
-
Property Taxes
$657 /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.