$2,850,000 FOR SALE

Land

Lot: 669.08 x 1,598.79 acresTotal Area: 61.35 acres
2023 Taxes: $517.86

PT LT 147 CON A LOUNT RYE Rd
South River, ON P0A 1X0 | Parry Sound

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

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Listed By CENTURY 21 B.J. ROTH REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8391432
Last Updated Jun 24, 2024
Property Summary
Property Type Land

More like this:
Use Gravel Pit/Quarry
Category Designated
Legal Description PCL 20337 SEC NS FIRSTLY; PT LT 147 CON A LOUNT PT 2 42R16927; SECONDLY: LT 147 CON A LOUNT EXCEPT PT 1 & 2 42R12898 DISTRICT OF PARRY SOUND
Occupancy Vacant
Possession Date TBD
Taxes (2023) $517.86
Tax Type Annual
Directions/Cross Streets 522 E Drive/Rye Road
Area Parry Sound
Price History
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Detailed Information
Lot 669.08 x 1,598.79 acres
Total Area 61.35 acres
Chattels N
Financial Statement N
Area Influences Major Highway
Sewers None
Utilities N
Water None
Lot/Bldg/Unit Code Lot
Zoning Industrial
Seller Property Info Statement N

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