$5,980,000

162 Port Severn Road N

Port Severn ON, L0K 1S0

Description

Over 25 Acres poised for development. Over 1000 ft of frontage on Georgian Bay/Severn River. The site is overlooks the boats coming out of the Trent Severn Waterway system. Close to Highway 400.Official Plan indicates the majority of the property as a Mixed -Use Special Policy Area, which permits various mixed commercial/residential development. Property consists of 5 adjoining parcels, under separate titles and being sold Power of Sale as one assembly. Summary from Planner also available. Concept plan for Phase 1 possible 200 Units Approx Commercial potential 7.74 acres. Policy specifically permits an increased height of 4 stories from 3 stories if the first floor remains commercial. Some rezoning required to achieve these densities.

Details

MLS#245137
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site174

Features

Acreage25.00
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Area Information
ProvinceON
CountyMuskoka
CityPort Severn
Postal CodeL0K 1S0
AreaGeorgian Bay
Listing VS Median (in L0K 1S0)
Price:
$5,980,000
low | high
Med:
$735,000
100% of Average
On Site:
174
low | high
Med:
104
100% of Average
Listing Updated: 09/28/2020
JOSIE SCHYWIOLA LogoMLS Number: 245137
Listing Provided By:
JOSIE SCHYWIOLA  of  Sutton Group Incentive Realty Inc. Brokerage
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