Calling all investors/builders-unique property in Midland with several possible building scenarios, selling under Power Of Sale. Current zoning allows for up to 3 units(triplex or duplex w/additional single family unit as per Government's Bill 23-"More Homes Built Faster"). Possibility of rezoning to a creat a subdivision in line with neighbouring homes. Site currently has a 3 meter town owned buffer separating the site from the dead-end of Kirk Dr. This buffer presents as a "hold" to protect access to neighbouring parcels that would be otherwise landlocked without it. Town is interested in promoting future residential development in this area and keen to work with possible buyers. An application must be submitted, and accepted by the town, in order for the "hold" to be removed. Key factor to acceptance of any plan is for the buyer and town to cooperate in providing future access to the neighbouring parcels. Developer may have the ability to acquire abutting similar sizes properties for future subdivisions.
Mls | 40632732 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active Under Contract |
Days On Site | 107 |
Listing Provided By | Royal LePage Locations North (Collingwood), Brokerage | Eryn Hilliard |
Zoning | R2-H |
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Water Front | Yes |
State | ON |
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County | Simcoe County |
City | Midland |
Zip Code | L4R 5C2 |
Area | MD Midland |
Subarea | MD01 East of King Street |
Community Name | MD01 East of King Street |
Listing VS Median (in MD01 East of King Street) | |
Price: $399,000 low | high Med: $529,945 On Site: 107 low | high Med: 33.500000 |