5188 highway 26 Frwy

FOR SALE
$2,899,888
Suspended
$0
5188 highway 26 Frwy, Clearview
5188 highway 26 Frwy
5188 highway 26 Frwy
5188 highway 26 Frwy
5188 highway 26 Frwy
5188 highway 26 Frwy
5188 highway 26 Frwy
5188 highway 26 Frwy
5188 highway 26 Frwy
5188 highway 26 Frwy
4 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
14
ROOMS
S9469303
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-22 2024-12-02 41 $2,899,888 - Suspended
Property Description
Large Acreage: With almost 90 acres of land, the property offers plenty of space for farming, recreational activities, or future development.Farming Potential: Approximately 50 acres are ideal for farming or a hobby farm, providing an opportunity for agricultural income or personal cultivation.Significant Rental Income: The property generates a solid short-term and long-term rental income of over $160,000 per year, making it a great investment opportunity.Additional Lease Income: Leasing the land to a farmer can earn you an additional $8,000 annually, enhancing the overall return on investment.Low Property Taxes: With property taxes around $6,000 per year, the holding costs for such a large piece of land are relatively low.Prime Location: The property is conveniently located within 10 minutes of Wasaga Beach and 15 minutes from Barrie, providing easy access to amenities, entertainment, and recreational spots.Outdoor Amenities: It features an in-ground swimming pool and a hot tub, which add to its appeal for personal enjoyment or as a rental feature.Ideal for Hunting: The property size and natural surroundings make it perfect for hunting enthusiasts, adding to its recreational value.Land Banking Opportunity: Investing in a large piece of land like this provides a great opportunity for land banking, where the property value could appreciate over time.Versatile Usage: Whether you are looking for a farming opportunity, a recreational retreat, a rental income property, or a long-term investment, this property offers a versatile range of use.
Extras
In-ground swimming pool, Hot tub, huge natural pond, huge Quonset steel building, with water and hydro supply, 200amp Breaker, additional 400amp supply, fully furnished, water softener and RO system, central vac, heat exchanger,
Property Features
Clear View, School Bus Route, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3000-3500
Lot Size
954' x 4,055'
Acreage
50-99.99
Fronting
North
Taxes
$6,200 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
30
Driveway
Pvt Double
Garage Type
Attached
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