400 Newton Street, Tay, ON

$1,900,000

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11.27

Acres

About 400 Newton Street

Draft site plan has been agreed to by the municipality for the construction of 86 units in 11 buildings as well as a common room/office building. 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. Attached is also a planners opinion of other alternatives that may be possible on this unique site 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. Easy access to major arteries and amenities! **Please see the attachments with two separate potential concept plans for options and consideration. The only other form of residential development currently not provided is a single mid rise apartment building.**

Features of 400 Newton Street

MLS® # S12167304
Price $1,900,000
Bathrooms 0.00
Square Footage < 700
Acres 11.27
Type Residential Freehold
Sub-Type Vacant Land
Status Active

Community Information

Address 400 Newton Street
Area Simcoe
Subdivision Victoria Harbour
City Tay
Province ON
Postal Code L0K 2A0

Amenities

Is Waterfront No
Waterfront WaterfrontCommunity

Interior

Fireplace No

Listing Details

OfficeSUTTON GROUP INCENTIVE REALTY INC.

Listing Map

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