PT LT 147 (PIN 520520411) Rye Road

South River, ON

MLS® 40594939

For sale
$2,850,000

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.
Property Details
Listing Contract Date
2024-05-30
Property Type
Land
Community Features
Rural
Highway Access
Building
Building Type
Commercial
Sewer
None
Water Source
None
Land
Lot Front
669.08 ft
Lot Size Area
61.354
Acres
50-99.99 Acres
Zoning
INDUSTRIAL
HoodQ
Erna Collins
Salesperson
Century 21 B.J. Roth Realty Ltd. Brokerage

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence. All information is deemed reliable but not guaranteed.

Listing ID: 150266103
Last Updated: 2024-09-26 16:06:10
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