MLS Number: X12098922
Description
This 46-acre development parcel in South River, Ontario presents a prime opportunity for land developers in a community poised for growth. With NO REGIONAL DEVELOPMENT FEES and generous incentives such as tax breaks for new businesses under the Community Improvement Plan, the village actively encourages investment. The official plan supports a diverse range of housing options, including affordable housing, single-family homes, townhomes, 4-plexes, and apartment buildings. Existing community infrastructure featuring natural gas, fibre optics, and municipal water (private septic systems required) can support phased development of up to 100 lots. The village is committed to innovative housing solutions, including container homes and granny suites, and maintains a flexible zoning approach. Strategically located just south of North Bay in the scenic Almaguin Highlands, South River is home to around 1,100 residents and a blend of families, retirees, and outdoor enthusiasts. With access to Algonquin Park, Eagle Lake, and Mikisew Provincial Park, the area is a year-round destination for recreation. Local employers like Almaguin Forest Products and Corel Industries contribute to a growing economic base, alongside a rising focus on eco-tourism and creative industries making South River a smart choice for developers looking to invest in a vibrant, forward-thinking community. The seller has a draft plan for a phased 107 lot subdivision plan. Buyer to complete their due diligence on viability for the property and their intended use. Seller may hold a VTB. (id:13843)
Details
| MLS# | X12098922 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 18 |
| Listing Provided By | REAL BROKER ONTARIO LTD. | CHANTAL GODARD |
Features
| Zoning | Rural |
|---|
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Learn More About This Property
| City | Toronto |
|---|---|
| Listing VS Median (in ) | |
Price: $599,900 low | high Med: $992,000 On site: 18 low | high Med: 102.000000 | |