Address
505 Bennett Road, North Grenville, ON
Price
$ 1,399,900

Your Agent

Janelle Smith

Sales Representative

613-837-0000


Listing provided by Janelle Smith, Sales Representative, REMAX Boardwalk

Property Attributes
  • ID#X12955970
  • TypeLand
  • Listing Status Active
  • MunicipalityNorth Grenville
  • CityNorth Grenville
  • Area802 - North Grenville Twp (Kemptville East)
  • Neighbourhood802 - North Grenville Twp
  • Postal CodeK0G 1J0
  • Style
  • Price$ 1,399,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Here is an investment opportunity for future aggregate supply. This 50-acre property includes over 40 acres zoned for Mineral Aggregate and past test holes suggest high quality concrete grade sand. Whether purchasing as an investment or for immediate use, the property has recently reduced price by $500,000 and creates an attractive buy. The separately owned land on the east side is already a permitted mineral Aggregate extraction pit, lending to an obvious president for a pit permit approval on this land too. On the west side is also mineral aggregate land expected to also be a future pit. Ministry letters on file confirm no wetlands zoning remain on the land. Note there is an unused Bell easement near the roadside end of the property that is not expected to be utilized and poles and lines already run adjacent to Bennett Rd. Currently the seller leases the land to a local farmer for seasonal crops. This is renewed annually. There is an existing culvert and access to the land, presently used by the leaseholder. Sand and gravel continue to be in demand throughout Eastern Ontario. Being zoned Mineral Aggregate provides a positive start for a successful future. (id:7434)

General Features

Property Type Vacant Land
Zoning Description Mineral Aggregate
CommunityName 802 - North Grenville Twp (Kemptville East)
Building Basement Features Unknown
Building Cooling Type Unknown
Location Description Cross Streets: South Gower Dr and Bennett Rd. ** Directions: FROM KEMPTVILLE GO EAST ON COUNTY RD 43 TO TRAFFIC CIRCLE AND GO SOUTH ON SOUTH GOWER DRIVE. TO THE NEW TRAFFIC LIGHTS AND GO EAST ON BENNETT RD. PROPERTY IS ON THE NORTH SIDE OF BENNETT RD. SIGN ON PROPERTY.

Interior Features

Building Fireplace Present False
Building Heating Type Not known
Basement Development Unknown
Basement Type Unknown (Unknown)

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in K0G 1J0

Price
AVG $1.06M
$1.4M

Your Agent

Janelle Smith

Sales Representative

613-837-0000


Listing provided by Janelle Smith, Sales Representative, REMAX Boardwalk

Listed By
RE/MAX AFFILIATES MARQUIS