Message Number395034
statusActive
Subject LineNorfolk County, 20 Min. South of Hwy 403/Brantford. 33 AC Estate Lots (24) Opportunity. Application Annexation 2022! A Money MAKER!
Business area
Canada
Ontario
Southwestern Ontario
Simcoe
Location, CityWaterford/Bloomsburg
Have/WantHave
Business categoryBusiness 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
Date of ListingJanuary 7 2021
Type DescriptionHobby farm many possibilities
LocationWaterford
Price$859,000.00
Price CommentVery Reasonable
Size33.4 Acres
Building area0
Bldg Area Max0
Building Area CommentPossible 24 Estate Homes on 24 Acres
Site area33.4 Acres
ZoningPresently AGR Adjacent to Hamlet
Gross IncomePossible 7 Million
Net IncomeN0E 1Y0
Cap RateN0E 1Y0
Comments24 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.

Internet Links
Member Identifier321
Explain Client's MotivationSenior Retiree.
NameMurray Gibbons
TitleBroker of Record
Company NameGreat Lakes Realty (Gibbons) Inc., Brokerage
Address Line OneBox 1477
CityWaterford
State/ProvinceOntario
Zip/Postal CodeN0E1Y0
CountryCanada
Business Phone Number(519)443-6443
Cell Number519-757-5595
Home Number519-757-5595
Email AddressSend Email
Home PageHome Page

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