Homes for sale - PT LT 147 (PIN 520520411) Rye Road, South River, O...

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Listed by Erna Collins • Century 21 B.J. Roth Realty Ltd. Brokerage

$2,850,000

Est. payment - /mo

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61.35 Acres Lot

Active

PT LT 147 (PIN 520520411) Rye Road South River, ON P0A 1X0

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Dan Carrol

dancarrol@kw.com +1(905) 518-9808

UPDATED:

09/26/2024 04:06 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40594939

Originating Board Barrie

Annual Tax Amount $517

Lot Size 61.354 Acres

Acres 61.354

Property Description

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.

Location

Province ON

County Parry Sound

Area South River

Zoning INDUSTRIAL

Direction Follow ON Highway 11 to McFadden Line/ON-522 E in Powassan. Take exit 301 from Highway 11 Continue on ON-522 E. Drive to Rye Rd, Turn Left

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available None

Lot Frontage 669.08

Garage No

Building

Lot Description Rural, Highway Access

Faces Follow ON Highway 11 to McFadden Line/ON-522 E in Powassan. Take exit 301 from Highway 11 Continue on ON-522 E. Drive to Rye Rd, Turn Left

Sewer None

Water None

New Construction No

Others

Senior Community No

Tax ID 520520411

Ownership Freehold/None

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Dan Carrol

Sales Representative | License ID: 4751750

+1(905) 518-9808