| Message Number | 398722 |
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| status | Active |
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| Subject Line | Min.North of Sault Ste Marie, 34 AC Seasonal Recreational Spectacular view on Cambrian Shield, 3000 ft of level shoreline, ideal for 10+ lots severance! $1M |
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| Business area | |
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| Location, City | Sault Ste Marie, Ontario |
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| Have/Want | Have |
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| Business category | Business Opportunities
Residential estates, single family homes, condos, cottages, vacation homes |
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| Date of Listing | June 7 2021 |
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| Type Description | 34 Acres Cottage Recreational Subdividable |
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| Location | N.of Sault Ste Marie Min.to Airport & Michigan |
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| Price | $1,000,000.00 |
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| Price Comment | Subdivision into cottage lots at lakefront. |
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| Size | 34 Acres |
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| Building area | 0 |
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| Bldg Area Max | 0 |
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| Site area | 34 Acres |
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| Zoning | Cottage Recreational |
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| Net Income | N0E 1Y0 |
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| Cap Rate | N0E 1Y0 |
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| Comments | Located at the hub of St. Mary��s River and Lake Superior, where the Great Lakes Spectacularly meet at the Ontario/Michigan border, only minutes from the city of Sault Ste Marie and even closer to the Sault Ste Marie Airport, easily connected by 2nd line west to hwy 550 to Gros Cap Road to the site.
25 mile Saulteaux section of the original Voyageur Trail begins at the Gros Cap Conservation Area and runs through to the Hiawatha Highlands Conservation Area.
Spectacular Lake Superior frontages and views of Michigan and Whitefish Bay, spectacular views and real possibility to divide up to 10 lots or more at Waterfront. You would still have a 15-20 acre parcel remaining on the upper portion. Build a castle overhead overlooking the grandiose Bay and Lake Superior Billion $ Views.
Recent 2-acre lots sold at $100K this spring. Sever and build all lots or sell some. Recent discussion with the local Prince Township has revealed that a prior application to rezone the property into Cottage Lots was approved, but would simply have to be renewed on account of time lapse.
The road servicing the property is a private seasonal road, but with additional lots, could be maintained year round as a communal maintenance road or be requested to become a township road. As it exists, the property has the feeling of being very private and secluded.
The area has amazing Trails, Fishing, Kayaking, Boating, Winter Sports; everything you would want!
Main highways serve the area are TransCanada Hwy 17 and Hwy 550. Golf courses, retail stores, restaurants and new hospital/health care facility are all within minutes.
An ideal family or corporate investment with multiple units of recreational sites.
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| Internet Links | All about Sault Ste Marie Gros Cap Conservation Website  
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| Member Identifier | 321 |
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| Explain Client's Motivation | Senior Retiree. |
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| Broker's Recommendation | 5197575595 |
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| Control | Exclusive |
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| Name | Murray Gibbons |
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| Title | Broker of Record |
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| Company Name | Great Lakes Realty (Gibbons) Inc., Brokerage |
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| Address Line One | Box 1477 |
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| City | Waterford |
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| State/Province | Ontario |
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| Zip/Postal Code | N0E1Y0 |
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| Country | Canada |
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| Business Phone Number | (519)443-6443 |
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| Cell Number | 519-757-5595 |
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| Home Number | 519-757-5595 |
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| Email Address | Send Email |
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| Home Page | Home Page |
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