$2,750,000 FOR SALE

Land

Lot: 695 x 0 ftTotal Area: 10 acres
2023 Taxes: $823

400 Newton St
Tay, ON L0K 2A0 | Victoria Harbour | Simcoe

*This concept is in the process of being changed to High Density Residential. The number of Units is still to be determined* 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.

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.

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Listed By SUTTON GROUP INCENTIVE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S9250687
Last Updated Aug 12, 2024
Property Summary
Property Type Land

More like this:
Category Designated
PIN 584860100
Legal Description PT BLK B W/S NEWTON ST PL 459 TAY (con't)
Occupancy Vacant
Possession Date TBD
Taxes (2023) $823
Tax Type Annual
Assessment (2023) $75,000
Directions/Cross Streets Hwy. 12 and Newton
Neighbourhood Victoria Harbour
Area Simcoe
Price History
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Detailed Information
Lot 695 x 0 ft
Total Area 10 acres
Area Influences Grnbelt/Conserv, Major Highway
Sewers None
Utilities A
Water Other
Lot/Bldg/Unit Code Lot
Zoning Institutional I-2
Seller Property Info Statement N

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