This proven pit was established in 2013, with crushing & some extraction beginning in 2014. Current open pit area measures approximately 7 acres; balance of the 40.27ac parcel untouched. It is located conveniently off of Highway 3 on Rg Rd 3083. The property is only 650m from Highway 3. Titled access to the pit off of Rg Rd 3083. Subdivision was complete in 2023. Taxes not yet assessed. Gravel pit was surveyed in fall of 2010 by a civil engineer using electromagnetic conductivity technology (EM31-MK2 machine). The total area measured at that time was approximately 91 acres, and estimates from results indicate 1,000,000 to 1,200,000 cubic meters of course aggregate mixed with large rock and sand in those 91 acres. Very little overburden evident throughout the pit. The current owner has only removed approximately 73,534m3 of aggregate since 2014. Approx. 7 acres of the 40 acres being sold has been exposed. Engineers report indicates the 40 acres that has been subdivided, all has a very high concentration of quality gravel, highest and best concentration of the area measured. Aggregate is concentrated well down past 4-6m deep. A limitation of the EM31-MK2 machine is that it can only detect up to 6m deep – the engineer stated that there is a good chance depths of the gravel are deeper than 6m from the readings received. Applicable GST is responsibility of buyer. For more information contact an agent! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Farm Type
Unknown
Features
Rolling, No bush
Listing Contract Date
2024-06-14
Property Type
Agriculture
Transaction Type
For sale
Building
Type
Unknown
Land
Total Size
40.27 acres
Acreage
Yes
Size of Irregular Land
40.27
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.