MLS®: 606091 Status: For sale

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RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com

Irene Lutsch
Sales Representative, A.B.R., S.R.E.S.

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Telephone:
519-667-1800

Cellular:
519-200-1085


$4,750,000
Location:

10125 OXBOW DR, KOMOKA Ontario, N0L1R0

Description:
This 20 acre parcel is being offered for the first time in decades. It is a former gravel pit that is fully rehabbed and the license is removed, with certificate to verify. Taxes reflect this. There was a recent full survey done and it is available. This parcel is like a piece of clay for the new owner. Nestled up to municipal parks and a top shelf golf course, it could be the perfect place for 100 lots or so. The water that shows at the site is water table and is not very deep. It could be 'moved' to a different location to accommodate different land layouts. This project has been taken to council and a buyer could continue with the same site plan or modify to their own vision. No draft plan approval yet. Water, sewer and hydro are at the road. If purchased for development, the sewer would run at the south border of the property and through the municipal park and hook up to Queen Street. There is a mandatory walkway at the south end of the property for the 5 percent parkland needed.
Property:
Type: Vacant Land
Lot Dimensions: 20 ACRESAcreage: 20 ACRES|11+ acres
Structure:
Features:
Acreage     
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10125 OXBOW DR, KOMOKA Ontario
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Listing Office: RE/MAX CENTRE CITY REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED

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