$399,000
 $2,142 forsale estimated payment Sourced by Back At You

731 Kirk Drive , Midland, ON L4R 5C2

Midland, ON L4R 5C2

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Description

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.

Details

Mls40632732
Listing TypeFor Sale
StyleDetachd
SubtypeResale
StatusActive Under Contract
Days On Site107
Listing Provided ByRoyal LePage Locations North (Collingwood), Brokerage | Eryn Hilliard

Features

ZoningR2-H
Water FrontYes
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Listings Checked: 46 seconds ago
StateON
CountySimcoe County
CityMidland
Zip CodeL4R 5C2
AreaMD Midland
SubareaMD01 East of King Street
Community NameMD01 East of King Street
Listing VS Median (in MD01 East of King Street)
Price:
$399,000
low | high
Med:
$529,945
17.181704260652% of Average
On Site:
107
low | high
Med:
33.500000
100% of Average
Sourced by Back At You
Listing Updated: November 15, 2024 at 8:34:04 PM PST