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Pt Lt 147 Con A Lount Rye Rye Road
homes for sale · South River
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$1,650,000

Pt Lt 147 Con A Lount Rye Rye Road

South River · MLS® X12353767

Land · Vacant Land · 431 days on market

listed by ERNA COLLINS, CENTURY 21 B.J. ROTH REALTY LTD.

realtor's description

Motivated Seller - Bring Your Offer. Rare opportunity on 61 acres in South River with serious upside. Located in the unorganized township of Lount, this property is wide open for investors, developers, or entrepreneurs ready for this exciting, high potential investment. The seller is motivated and open to offers. Currently licensed as a Granite Quarry (not operated for several years) with a Class A Pit & Quarry license - including unlimited annual tonnage per the license. That's not marketing fluff; that's real income potential. Conservative projections put long-term revenue in the hundreds of millions, backed by the region's rich Canadian Shield granite deposits. End uses? Plenty. Keep extracting. Expand operations. Or think long term: residential development, tiny homes, campground, RV park, your own personal residential estate, family compound or land hold. When extraction is complete, the site transitions easily into its next chapter. Granite from this area is high-quality, multi-coloured, and in constant demand for construction, architecture, and landscaping. This is the kind of asset that doesn't come around often - and when it does, it doesn't wait. Rye Road, South River PIN: 520520411 Buyers must have their agent review all attached documents. Please note: the adjacent parcel (MLS # X12353410) with home (2 residential units), garage, barn, 2 ponds and lake is also available. Bottom line: seller wants this sold. If you've been waiting for a 'high ceiling land play' - this is it. Make an offer.

property details

type
Land, Vacant Land
parking
0
property tax
$418 / yr
days on market
431
MLS®
X12353767

features

  • Rocky
  • Open space
  • Flat site
  • Dry

monthly cost

$7,224/mo
Mortgage $7,189 · Tax $35

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

estimated payment
$7,189/ monthly
loan $1,320,000
25-year amortization
total interest
$836,668
cash to close
$330,000
down payment; transfer tax and fees not included
total paid
$2,156,668

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

location

South RiverGoogle Maps ↗

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listed by
ERNA COLLINS
CENTURY 21 B.J. ROTH REALTY LTD.
call ERNA · 705-323-3968
Powered by: REALTOR.ca

similar homes nearby

location

South RiverGoogle Maps ↗
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.

nothing comparable on the market right now.