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Home ON Parry Sound District Nipissing
PT LT 147 CON A LOUNT RYE RYE ROAD
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PT LT 147 CON A LOUNT RYE RYE ROAD $1,650,000
$1,650,000
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PT LT 147 CON A LOUNT RYE RYE ROAD
South River, Ontario P0A1X0

MLS® Number: X12353767
0
Bathrooms
-
Square Feet

Listing Description

Great opportunity awaits you! 61 acres in South River with vast amount of options, ideal Investment, for the entrepreneur to create your dream business or to add to an existing portfolio. Property is nestled in the picturesque unorganized township of Lount. Ideal as a residential development site, perhaps tiny homes or a camping / RV park. Currently poised as a Granite Quarry, complete with Class A license (to operate both Pit and Quarry). As per the license details, "the maximum annual tonnage for this site is unlimited". Therefore income potential is also unlimited. Conservative calculations, of per ton valueX available granite on the property, the revenue potential in the 100s of millions. The region's rich geological history, known as the Canadian Shield provides the region with an abundance of this multi-coloured, high-quality granite. offering ample space to expanding extraction. Many years from now, when the granite is exhausted from the 61 acres, the property could be easily converted to another use. Granite is highly sought-after material in construction, architecture, and landscaping due to its durability, versatility, and aesthetic appeal. Please be sure to have your Agent check the documents attached to this Listing. For ease of research, this specific property located on Rye Road, South River, reference PIN 520520411. X12353410 is also available for sale adjacent to the property. (41107378)

Location Description

Old Nipissing Rd / Rye Rd

Property Summary

Property Type
Vacant Land
Community Name
South River
Land Size
669.08 FT ; Driveway access - legal road to quarry|1/2 - 1.99 acres
Annual Property Taxes
$418
Time on REALTOR.ca
31 days

Building

Bathrooms
Total
0
Building Features
Features
Rocky, Open space, Flat site, Dry
Utilities
Utility Type
Electricity (Available)

Land

Lot Features
Frontage
669 ft

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