400 Newton St
Tay, L0K2A0
For Sale
$2,750,000
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Designated
CATEGORY10.0 Acres
TOTAL AREAS8191314
MLSIDContact Us
Property Description
Draft site plan has been submitted to the municipality for the construction of 86 units in 11 buildings and technical design for the project has been agreed to by the municipality. Draft site plan approval is pending. The property is zoned Institutional, I-2, Independent Retirement residence which allows for a wide range of uses including senior citizens residence, and retirement rental units. Over 10 acres of vacant land located within the Victoria Harbour Settlement Area and 10km east of the Town of Midland. The building envelope is surrounded by mature forest including oak, maple and beech trees. The Tay Trail, scenic Victoria Harbour, public beaches, and Georgian Bay are within easy walking distance if the property. 7 minutes to Waubaushene and 12 minutes to beautiful Port Severn.
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Extras
The definition of "Independent Retirement Home" does not include a long term care facility or semi-independent retirement home. Waste water allocation is pending completion of upgrades to sewage treatment plant.
Property Details
Category
Designated
Zoning
Institutional I-2
Total Area
10.0 Acres
Taxes
$823 (2023)
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Listing contracted with Sutton Group Incentive Realty Inc.
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