Personal Pic

Sean Kim

Broker
RE/MAX Real Estate Centre Inc., Brokerage Independently owned and operated. 1140 Burnhamthorpe Rd W #141-A, Mississauga, Ontario L5C4E9 Cell: 416-998-1113Office: 905-270-2000Fax: 905-270-0047

$2,899,888
Available - For Sale
Listing ID: S9469303
5188 highway 26 Frwy , Clearview, L0M 1S0, Ontario


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,
Price $2,899,888
Taxes: $6200.00
DOM 7
Occupancy by: Vacant
Address: 5188 highway 26 Frwy , Clearview, L0M 1S0, Ontario
Lot Size: 953.94 x 4054.75 (Feet)
Acreage: 50-99.99
Directions/Cross Streets: highwya 26 and Edenvale airport
Rooms: 14
Bedrooms: 4
Bedrooms +: 2
Kitchens: 1
Family Room: Y
Basement: Fin W/O
Approximatly Age: 31-50
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Attached
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 30
Pool: Inground
Other Structures: Drive Shed, Workshop
Approximatly Age: 31-50
Approximatly Square Footage: 3000-3500
Property Features: Clear View, School Bus Route, Wooded/Treed
Fireplace/Stove: Y
Heat Source: Propane
Heat Type: Forced Air
Central Air Conditioning: Central Air
Laundry Level: Main
Elevator Lift: N
Sewers: Septic
Water: Well
Water Supply Types: Unknown
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.
Personal Picture
Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Freehold - Detached
Area: Simcoe
Municipality: Clearview
Neighbourhood: Rural Clearview
Style: Bungalow
Lot Size: 953.94 x 4054.75(Feet)
Approximate Age: 31-50
Tax: $6,200
Maintenance Fee: $0
Beds: 4+2
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: Inground
Locatin Map:
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