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162 Port Severn Road N Port Severn, Ontario L0K 1S0

Waterfront On Lake Acreage

$5,980,000

Over 25 Acres poised for development. Over 1000 ft of frontage on Georgian Bay/Severn River. The site is overlooking the boats coming out of the Trent Severn Waterway system and adjoining Highway 400.Official Plan indicates the majority of the property as a Mixed -Use Special Policy Area, which permits various mixed commercial/residential development. Property consists of 5 adjoining parcels, under separate titles and being sold Power of Sale as one assembly. Summary from Planner also available. Total potential residential units approx 413. Approx 7.74 acres commercial potential. Policy specifically permits an increased height of 4 stories from 3 stories if the first floor remains commercial. Some rezoning required to achieve these densities. (id:31787)

Property Details

MLS® Number 175831
Property Type Vacant Land
Amenities Near By Ski Area, Marina, Park
Features Recreational
Structure Dock
View Type Lake View
Water Front Name Georgian Bay
Water Front Type Waterfront On Lake

Building

Fireplace Present No
Type Unknown

Land

Acreage Yes
Land Amenities Ski Area, Marina, Park
Size Frontage 1500 Ft
Size Irregular 25
Size Total 25 Ac
Size Total Text 25 Ac
Zoning Description Mixed Use

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=20339347

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