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