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9999 Francis Street
homes for sale · Greater Madawaska
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$3,000,000

9999 Francis Street

Greater Madawaska · MLS® X13484206

Land · Vacant Land · 122 days on market

listed by Mitch Gauzas, ROYAL LEPAGE INTEGRITY REALTY

realtor's description

Exceptional 3-Parcel Development & Investment Portfolio in Calabogie - Offered Exclusively as One Package. An outstanding opportunity to acquire approximately 65.4 acres across three strategically located parcels in one of Eastern Ontario's fastest-growing four-season recreation destinations, highlighted by a premier approximately 52-acre residential parcel on Francis Road bordering the Town of Calabogie, offering significant subdivision potential based on current zoning (minimum 1-acre lots) ; the land also supports potential tourism or commercial uses such as a four-season cabin-in-the-woods concept or campground operation, subject to municipal and zoning confirmation. Complementing this is a 7.8-acre Barryvale Road parcel near the Calabogie Speedway. There is a hydro easement on the north side, where the municipality has indicated support for a future internal roadway to access the rear portion, unlocking potential for a limited number of additional estate-style lots (subject to approvals). The third parcel is a 5.27-acre Calabogie Road Highway Commercial site, of which approximately 2 to 3 acres front the highway with strong visibility and municipal support for potential expansion of the commercial designation subject to geotechnical and environmental confirmation and application to the municipality; approximately 2.27 acres sits within a pond (not developable). These sites are Ideally located within close proximity to the Village of Calabogie and minutes from Calabogie Peaks Resort, Calabogie Lake, Highlands Golf Resort, Calabogie Motorsports Park, Eagle's Nest Lookout, beaches, restaurants, and extensive ATV and snowmobile trail systems, the portfolio benefits from strong year-round recreational demand and continued regional growth momentum, combining a flagship development site with complementary residential and commercial parcels in a high-demand four-season destination. Lots may not be sold separately.

property details

type
Land, Vacant Land
parking
0
property tax
$1,234 / yr
days on market
122
MLS®
X13484206

monthly cost

$13,174/mo
Mortgage $13,071 · Tax $103

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$13,071/ monthly
loan $2,400,000
25-year amortization
total interest
$1,521,214
cash to close
$600,000
down payment; transfer tax and fees not included
total paid
$3,921,214

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

listed by
Mitch Gauzas
ROYAL LEPAGE INTEGRITY REALTY
call Mitch · 613-302-5752
Powered by: REALTOR.ca

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location

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0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

541 Morglan Lane, Greater Madawaska
541 Morglan Lane, Greater Madawaska, photo 2
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541 Morglan Lane, Greater Madawaska, photo 7
541 Morglan Lane, Greater Madawaska, photo 8
House
$2,999,000
4methe deep dive
541 Morglan Lane
Greater Madawaska121 days on market
listed by ENGEL & VOLKERS OTTAWA
548
MLS® X13488762