E PT LT 9 N PT LT 10 Line 14 N N/A, Oro-Medonte, ON L3V 6H1

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List Price
$1,500,000
MLS#
S13828578
Status
ACTIVE
Type
Land
SubType
Vacant Land
Province
ON
Municipality
Oro-Medonte
Area
Simcoe
Neighborhood
Rural Oro-Medonte
Subdivision
Old Barrie Road (County Road 11) & Line 14 N

Property Description

A truly unique 87.28-acre property offering income today and exciting possibilities for the future. The location is excellent, just minutes from Orillia and Bass Lake. It is also located just up the road from Fergus Hill Estates. The property includes approximately 20 acres of pasture, 3.5 acres of natural wetland and 2 two-acre ponds. A portion of the property is currently leased to Walker Aggregates and used primarily for aggregate washing and processing, providing rental income to help offset the cost of holding the land. The current lease expires in 2030 and includes an option to renew. Envision what the future could hold here, from creating a beautiful country home or hobby farm to establishing a private rural retreat in the years ahead. Future residential access is intended to be from Line 14 North, while the property is currently accessed from Line 13 North. All future uses and development are subject to applicable municipal and regulatory approvals. VIEWINGS ARE STRICTLY BY APPOINTMENT ONLY. ACCESS TO THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT IS NOT PERMITTED.

Additional Information

Taxes
$12,424
Waterfront Type
None

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Listing courtesy of RE/MAX Summit Group Realty Brokerage.