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1777 Old Second Street S, Springwater, ON L0L 1X0, Springwater, Ontario

commercial · MLS® S12291010

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$2,999,999

MLS# S12291010

1777 Old Second Street S, Springwater, ON L0L 1X0

Springwater, Ontario L0L 1X0

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About This Property

This licensed pit boasts an exceptional location. Abutting Hwy 400 this property is only 5 minutes away from the Forbes rd exit and just north of Barrie. The entire property is 97.5 acres zoned a mix of ME-9 Extraction Industrial Special | A Agriculture | OS Open Space. The licensed area is 19.38 ha (47.9 acres). License number 32554 Class A, with an excellent annual extraction cap of 500,000 tonnes per year. A full discovery was executed by Skelton Brumwell & Associates Inc. establishing an estimated reserve of 1,150,000 tonnes within the current site plan. Reserve is mostly sand with mixed stone, good for B Gravel or various screened sands. This reserve is in addition to the current stockpiles on site. The site plan also allows for recycled granular of concrete, asphalt and brick on site. Additional property amenities include a) a heated and electricity powered scale house, with weigh station b) diesel heated 40 X 60 tarpaulin structure on concrete block foundation with a 16 foot drive door c) 2 office trailers d) ample parking area for equipment and storage.

Property Details

Property Type

Commercial

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1777 Old Second Street S, Springwater, ON L0L 1X0, Springwater, Ontario

About 1777 Old Second Street S, Springwater, ON L0L 1X0

This Commercial at 1777 Old Second Street S, Springwater, ON L0L 1X0 is listed for sale in Springwater, Ontario at $2,999,999.

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Springwater is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this commercial represents a compelling opportunity in Springwater's real estate market.

MLS® number S12291010. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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$2,999,999

20% ($600,000)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$14,738

*Principal & Interest only. Does not include taxes or insurance.

Principal$2,399,999
Total Interest$2,021,429
Total Cost$5,021,428
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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