UPDATED:
09/26/2024 04:12 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40617546
Originating Board Simcoe
Annual Tax Amount $1,407
Lot Size 12.880 Acres
Acres 12.88
Property Description
Discover the potential of 12.8 acres of prime agricultural land near the serene shores of Lake Simcoe! This unique property comes with OLT approval for Cannabis cultivation, both indoors and outdoors. Key features include:
Phase 1 plan is approved to build a 23,000 sq. ft. head house plus 60,000 sq' of greenhouse with rights for outdoor growing and ample space for additional greenhouses. Phase 1 hydro available at the road and Phase 3 hydro approximately 1 km away.
The property offers flexibility with the possibility of leasing and vendor take-back (VTB) under certain conditions.
Ideal for agricultural entrepreneurs looking to expand their operations in a picturesque and convenient location. For further details, please see the attached supplemental information.
Location
Province ON
County Simcoe County
Area Oro-Medonte
Zoning AG/RU
Direction Hwy 11 N - take the Line 6 exit toward Oro-Medonte (3km) - Turn L onto Ridge Rd W/Simcoe County Rd 20 (signs for County Rd 20/Ridge Rd W) to 250 Ridge Rd W.
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Hydro
Waterfront No
Waterfront Description Lake/Pond
Garage No
Building
Lot Description Rural, Irregular Lot, Beach
Faces Hwy 11 N - take the Line 6 exit toward Oro-Medonte (3km) - Turn L onto Ridge Rd W/Simcoe County Rd 20 (signs for County Rd 20/Ridge Rd W) to 250 Ridge Rd W.
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 585500204
Ownership Freehold/None