Active

5188 highway 26 Frwy

Clearview Ontario, L0M 1S0

C$2,899,888


Active

6 Beds

3 Baths

Residential

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.

S9469303

MLS ID

October 23, 2024

Updated

Map

5188 highway 26 Frwy
Clearview Ontario, L0M 1S0

Interior Features

Bedrooms

6


Total Bathrooms

3


Laundry Description

Main


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Propane

Exterior/Building Features

Lot Size

88.8 Acres


Lot Features

Clear View, School Bus Route, Wooded/Treed


Architectual Style

Bungalow


Sewer

Septic

Other Property Details

Area Name

Rural Clearview


Taxes

$6,200


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking

Attached


Parking Total

32


View

No


County

Ontario


Municipality

Clearview


Water Source

Well


Pool

No


Pool Features

Inground


Zoning

Rural

 

Courtesy of Listed by , RE/MAX REAL ESTATE CENTRE INC.,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 10:43 AM UTC, 10/23/2024

 

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