PT LT 147 CON A LOUNT RYE Rd

South River | | P0A 1X0
  • 61.35 sqft
  • 0 gar

$2,850,000

Est. Mtg $9,663 /mo
  • Days on market

    177

  • Status

    A

Listing Broker CENTURY 21 B.J. ROTH REALTY LTD.
Since listed: 2 views

Home details

MLS #:

X8391432

Property type:
Land
Style:
Taxes:
$518
Possession:
TBD
Condo Fee:
Lot Size:
669.08 X 1598.79
Zoning:
Industrial
Use:
Gravel Pit/Quarry
Heat:

Description


PT LT 147 CON A LOUNT RYE Rd, , South River, Ontario is a Land property in South River and in the community in the P0A 1X0 postal code


Investment opportunity, Granite Quarry in South River. Complete with Class A license (to operate both Pit and Quarry). As per the license details, "the maximum annual tonnage for this site is unlimited". Therefore income potential is also unlimited. Conservative calculations, of per ton value X available granite on the property, the revenue potential in the 100s of millions. Nestled in the picturesque unorganized township, lies this substantial financial investment, add to your portfolio Or begin your dream! The region's rich geological history, known as the Canadian Shield provides the region with an abundance of this multi-coloured, high-quality granite. The quarry itself spans 61 acres, offering ample space to expanding extraction. Many years from now, when the granite is exhausted from the 61 acres, the property could be easily converted to another use. Granite is highly sought-after material in construction, architecture, and landscaping due to its durability, versatility, and aesthetic appeal. Seller will consider a VTB, (OAC with substantial cash down payment). Please be sure to have your Agent check the documents attached to this Listing. For ease of research, this specific property located on Rye Road, South River, reference PIN 520520411..

Extras

Driveway access will be legal ROW to the quarry.



Payment calculator

$9707 monthly. In association with: TD Bank
%
  • Principal and Interest
    9663 /mo
  • Property Taxes
    $43 /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

Emmalay Rattana, Realtor

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