Message Number | 395034 | ||||||||
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status | Active | ||||||||
Subject Line | Norfolk County, 20 Min. South of Hwy 403/Brantford. 33 AC Estate Lots (24) Opportunity. Application Annexation 2022! A Money MAKER! | ||||||||
Business area |
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Location, City | Waterford/Bloomsburg | ||||||||
Have/Want | Have | ||||||||
Business category | Business Opportunities Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots Apartment buildings/multi unit/condo townhouse projects/investments Residential estates, single family homes, condos, cottages, vacation homes |
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Date of Listing | January 7 2021 | ||||||||
Type Description | Hobby farm many possibilities | ||||||||
Location | Waterford | ||||||||
Price | $859,000.00 | ||||||||
Price Comment | Very Reasonable | ||||||||
Size | 33.4 Acres | ||||||||
Building area | 0 | ||||||||
Bldg Area Max | 0 | ||||||||
Building Area Comment | Possible 24 Estate Homes on 24 Acres | ||||||||
Site area | 33.4 Acres | ||||||||
Zoning | Presently AGR Adjacent to Hamlet | ||||||||
Gross Income | Possible 7 Million | ||||||||
Net Income | N0E 1Y0 | ||||||||
Cap Rate | N0E 1Y0 | ||||||||
Comments | 24 Estate Lots POTENTIAL in Bloomsburg, 5 minutes to Simcoe, On. and 20 minutes to Brantford/Highway 403.
Fronts on Concession 11, just past Bloomsburg public school. The site is largely level with nice pond and waterway at the rear of the property. This site is naturally situated for ANNEXATION in the Bloomsburg Hamlet, with Church and school, including all necessary amenities 5 min. drive to Waterford. Further information available. Application can be made for County review as early as 2022. Owner is 98 years old and prefers an immediate sale. The asking price is $859,000. Rough calculations at 24 lots x $300k per lot is over $7 Million. Servicing cost as you know for Estate Lots are minimal. |
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Internet Links | |||||||||
Member Identifier | 321 | ||||||||
Explain Client's Motivation | Senior Retiree. | ||||||||
Name | Murray Gibbons | ||||||||
Title | Broker of Record | ||||||||
Company Name | Great Lakes Realty (Gibbons) Inc., Brokerage | ||||||||
Address Line One | Box 1477 | ||||||||
City | Waterford | ||||||||
State/Province | Ontario | ||||||||
Zip/Postal Code | N0E1Y0 | ||||||||
Country | Canada | ||||||||
Business Phone Number | (519)443-6443 | ||||||||
Cell Number | 519-757-5595 | ||||||||
Home Number | 519-757-5595 | ||||||||
Email Address | Send Email | ||||||||
Home Page | Home Page |
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