$ 6.900.000

8870 County 93 Road, Midland

  • Bedrooms: 3
  • Bathrooms: 4
  • Living area: 2510 square feet
  • Type: Residential
  • Added: 471 days ago
  • Updated: 3 days ago
  • Last Checked: 11 hours ago
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. (id:1945)
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Property DetailsKey information about 8870 County 93 Road

  • Cooling: Wall unit
  • Heating: Hot water radiator heat, Stove, In Floor Heating
  • Stories: 2
  • Structure Type: House
  • Exterior Features: Vinyl siding
  • Foundation Details: Stone
  • Architectural Style: 2 Level

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, Partial
  • Appliances: Dishwasher, Stove, Microwave, Window Coverings
  • Living Area: 2510
  • Bedrooms Total: 3
  • Fireplaces Total: 1
  • Fireplace Features: Wood, Stove
  • Above Grade Finished Area: 2510
  • Above Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Listing Brokerage

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 8870 County 93 Road

  • Lot Features: Conservation/green belt, Country residential
  • Water Source: Drilled Well
  • Lot Size Units: acres
  • Parking Total: 16
  • Lot Size Dimensions: 115.782

Location & CommunityUnderstand the neighborhood and community

  • Directions: Highway 12 to County Rd 93 north to 8870 on west side. Sign on Property.
  • Common Interest: Freehold
  • Subdivision Name: MD02 - West of King Street
  • Community Features: School Bus

Utilities & SystemsReview utilities and system installations

  • Sewer: Septic System
  • Utilities: Natural Gas, Electricity, Telephone

Tax & Legal InformationGet tax and legal details applicable to 8870 County 93 Road

  • Tax Annual Amount: 7855.87
  • Zoning Description: RU-11, EP

Additional FeaturesExplore extra features and benefits

  • Security Features: None
  • Number Of Units Total: 2
Room Dimensions
Type Level Dimensions
Utility room Basement 15'9'' x 21'9''
Storage Basement 11'10'' x 16'7''
Exercise room Main level 11'4'' x 20'0''
Loft Second level 6'10'' x 11'6''
Living room/Dining room Second level 14'3'' x 21'0''
4pc Bathroom Second level 5'3'' x 6'7''
Kitchen Second level 7'0'' x 11'1''
4pc Bathroom Second level 5'10'' x 9'7''
Bedroom Second level 8'3'' x 10'1''
Bedroom Second level 8'4'' x 13'7''
4pc Bathroom Second level 5'2'' x 9'5''
Primary Bedroom Second level 11'2'' x 17'0''
3pc Bathroom Main level 8'2'' x 8'9''
Foyer Main level 6'4'' x 12'1''
Dining room Main level 7'9'' x 17'0''
Kitchen Main level 13'1'' x 15'3''
Living room Main level 13'7'' x 16'11''
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Nearby Listings Stat

Active listings
5
Min Price
$674,900
Max Price
$6,900,000
Avg Price
$2,038,760
Days on Market
145 days
Sold listings
2
Min Sold Price
$714,900
Max Sold Price
$818,000
Avg Sold Price
$766,450
Days until Sold
43 days

Nearby Places

Name
Type
Address
Distance
Midland Drive-In
Restaurant
1299 The Angela Schmidt Foster Rd
0.8 km
Tim Hortons
Cafe
Ontario 93
1.6 km
Bleu Garden
Restaurant
740 Yonge St
2.2 km
Midland Secondary School
MSS offered open, applied and academic courses in ...
2.2 km
Boston Pizza
Restaurant
16835 Heritage Dr
2.3 km
Huronia Museum
The museum is open year round and has nearly one m...
2.5 km
Huronia Museum and Huron Ouendat Village
Art gallery
549 Little Lake Park Rd
2.6 km
Kelsey's Neighbourhood Bar and Grill
Bar
King St
2.7 km
Pizza Pizza
Restaurant
395 King St
2.9 km
Saint Theresa's High School
Theresa's High School is a high school in Midland,...
3.0 km
Explorers Cafe The
Restaurant
347 King St
3.0 km
Cellarman's Alehouse The
Bar
337 King St
3.0 km
Additional Information about 8870 County 93 Road

This House at 8870 County 93 Road Midland, ON with MLS Number 40397141 which includes 3 beds, 4 baths and approximately 2510 sq.ft. of living area listed on Midland market by Bryan Coxworth - Sotheby's International Realty Canada, Brokerage (Collingwood) at $6,900,000 471 days ago.

We have found 2 Houses that closely match the specifications of the property located at 8870 County 93 Road with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 4,250,000 and 6,499,000.

The current price of the property is $6,900,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 18% down payment, the total amount borrowed would be $5,658,000. This would result in a monthly mortgage payment of $32,266 over a 25-year amortization period.

More Details?
Bryan Coxworth
  • Bryan Coxworth
  • Sotheby's International Realty Canada, Brokerage (Collingwood)
  • 705-790-7629
  • WebSite

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