8870 COUNTY 93 Rd, Midland, Ontario, L4R4K4, Midland, ON

$9,900,000
Est. Mortgage /mo

MLS® 40397141

$9,900,000
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
877-506-0434
Go See This Home Now
3 Beds
4 Baths
2 Stories
lot 115 sqft
2510 sqft
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Map
Street view
Schools
Crime
Commute
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Property details

Introducing an unparalleled investment opportunity within the town of Midland, Ontario, strategically positioned with direct access from Hwy 93. This expansive 115+ acre parcel boasts prime visibility and seamless connectivity to major transportation arteries, making it an irresistible prospect for astute developers seeking a foothold in a strategic growth area. Presently zoned rural with an exception permitting machine shop operations across the entire property. By-Laws allow for up to 35% lot coverage, unlocking vast expansion prospects such as a sprawling fabrication hub. At the core of the property lies a fully operational machine shop, celebrated for its precision CNC machining, milling, welding, and fabrication capabilities. Boasting a 3600 sq. ft. workshop, complete with a 16 ft door facilitating ground level access for large-scale equipment and machinery. Essential amenities including bathrooms, two expansive offices, and a dedicated lunchroom ensure optimal operational efficiency. Additionally, a modernized 3-bedroom residence spanning 2,500 sq. ft. affords the unique opportunity for onsite living and working. The property's potential is further accentuated by a 66-foot unopened laneway at the rear, poised to enable future access from Marshall Road, paving the way for additional development prospects. With a strategic zoning adjustment, the site could seamlessly transition into a lucrative residential subdivision, further enhancing its investment appeal. Conveniently situated mere minutes from key amenities, including Georgian Bay and Huronia Regional Airport, and offering swift access to Hwy 400, Barrie, the GTA, Toronto International Airport, and the US Border. The seller is open to facilitating the transaction through a Seller Take Back Mortgage, subject to mutually agreeable terms and buyer credit worthiness approval. Don't miss your chance to capitalize on this prime investment prospect in one of Ontario's most promising growth corridors. (id:26763)

Location Details
Area Canada
State Ontario
City Midland
Postal Code L4R4K4
Sub-Area/Community MD02 - West of King Street
Property Metrics
Total Bedrooms 3
Full Baths 4
Stories 2
Floor Area Total (Sq.ft) 2510
Financial Details
List Price 9,900,000

Neighborhood Info

Private Schools
Secondary
Alathena International Academy - Wasaga
Above Average
27.02 km
No Rating
Details
Secondary
Alathena International Academy - Wasaga
Above Average
27.02 km
No Rating
Details
Closest Transit
Barrie
Stanley Street
37.23 km

The closest Elementary independent school to this home for sale located at 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 is Alathena International Academy - Wasaga with School's rating No Rating, located 27.02 km from this home.

The closest to this address 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 Secondary independent school is Alathena International Academy - Wasaga with School's rating No Rating, located 27.02 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 1,250 volation disturbances in this neighbourhood. The overall crime rate near the address - 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4, Midland, ON is 6,827.99. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has High rate in 2020. Year by year change in the total crime rate is -22.6%

Drug crime rate next to the listing for sale MLS® 40397141 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 207.57. This is the amount of drug crime incidents per 100,000 population. There were 38 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 10.2%

Property crimes in the neighbourhood close to real estate listing for sale 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 are High. Property misconduct rating adjacent to MLS® 40397141 is 3,315.67. There were 607 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -27.5%

There were 301 violent lawbreaking disorders in 2020. 1,644.18 and it is High rate comparing to other BC municipalities. Year by year change in the violent crime rate is -0.4%

The closest Bus station is Stanley Street in 37.23 km away from this listing with - MLS® 40397141.

13.1% of people with university certificate/degree live in this neighbourhood adjacent to the 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 which is Below Average in comparison with other BC neighbourhoods. 22.2% of population in this neighbourhood that is near the Listing MLS® 40397141 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4, Midland, ON is $54878 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 40397141 is $28377 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 57.2% which is Average.

Unemployment rate in the area around MLS® Listing # 40397141 is 8.9 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 MD02 - West of King Street where population change between 2011 and 2016 was 1.8%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4, Midland, ON is 477.3 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 40397141 is 53.4% and it is Below Average. % of Married or living common law is around 54% and it is Below Average.

Average age of the population close to the 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 is 46.4 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4, Midland, ON is $260075 and this is Below Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4. $1084 owners spent in average for the dwelling. Tenants are paying $902 in this district close to MLS® 40397141 and it is Below Average comparing to other cities.

34.1% of Population in this district near the 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4, Midland, ON is 8.8%, it is Average, % of English speakers only is 91% and Average. % of French speakers adjacent to 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4, Midland, ON is 0.1% and it is Low comparing to other BC cities.

1.7% of all population in the area around this property with the address 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4, Midland, ON using Public Transport which is Low, 86.3% of using population are using Cars around MLS® 40397141, which is Average. 1.2% of people using Bicycles around the 8870 COUNTY 93 Road, Midland, Ontario, L4R4K4 and it is Average. 9.1% of population are walking which is Above Average

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Local Info

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Home Price
Down Payment
Interest Rate
Loan Type
/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
877-506-0434
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