$2,850,000
 $15,299 est/mo Sourced by Back At You

Pt Lt 147 (pin 520520411) Rye Road , South River, ON P0A 1X0

South River, ON P0A 1X0

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Description

Investment opportunity, Granite Quarry in South River. Complete with Class A license (to operate both Pit and Quarry). As per the license details, "the maximum annual tonnage for this site is unlimited". Therefore income potential is also unlimited. Conservative calculations, of per ton value X available granite on the property, the revenue potential in the 100s of millions. Nestled in the picturesque unorganized township, lies this substantial financial investment, add to your portfolio Or begin your dream! The region's rich geological history, known as the Canadian Shield provides the region with an abundance of this multi-coloured, high-quality granite. The quarry itself spans 61 acres, offering ample space to expanding extraction. Many years from now, when the granite is exhausted from the 61 acres, the property could be easily converted to another use. Granite is highly sought-after material in construction, architecture, and landscaping due to its durability, versatility, and aesthetic appeal. Seller will consider a VTB, (OAC with substantial cash down payment). Please be sure to have your Agent check the documents attached to this Listing. For ease of research, this specific property located on Rye Road, South River, reference PIN 520520411.

Details

MLS#40594939
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site55
Listing Provided ByCentury 21 B.J. Roth Realty Ltd. Brokerage | Erna Collins

Features

ZoningINDUSTRIAL
Acreage61.35
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionParry Sound
CitySouth River
Postal CodeP0A 1X0
AreaSouth River
SubareaSouth River
Community NameSouth River
Listing VS Median (in South River)
Price:
$2,850,000
low | high
Med:
$429,000
100% of Average
On Site:
55
low | high
Med:
76.000000
72.368421052632% of Average
Sourced by Back At You
Listing Updated: June 3, 2024 at 1:02:45 PM PDT