400 Newton Street, Tay | Image 1

400 Newton Street

Tay, Victoria Harbour

  • Commercial

$2,750,000
For Sale

Added 1 month ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: Institutional I-

  • Age: No Data

  • Taxes: 823

  • MLS®#: S8191314

  • Added: Apr 02, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: SUTTON GROUP INCENTIVE REALTY INC.

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.

Property

  • Status: Sale

  • Property Type: Land

  • Property Type: Designated

  • Area: Tay

  • Community: Victoria Harbour

  • Availability Date: TBD

  • Assessment Amount: $75,000

  • Assessment Year: 2023

Utilities

  • Utilities: Available

Building

  • Water Supply: Other

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT BLK B W/S NEWTON ST PL 459 TAY (con't)

  • Taxes: $823

  • Taxes Type: Annual

Land

  • Cross Street: Hwy. 12 And Newton

  • Municipality District: Tay

  • Parcel Number: 584860100

  • Sewer: None

  • Lot Frontage: 695 Feet

  • Zoning: Institutional I-

Commercial Specific

  • Retail Area Metric: Sq Ft

  • Total Area: 10

  • Total Area Metric: Acres

  • Area Influence: Grnbelt/Conserv

  • Area Influence: Major Highway

  • Lot Code: Lot

Map of 400 Newton Street, Tay
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