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$2,850,000
Available - For Sale
Listing ID: X8391432
Investment opportunity, Granite Quarry in South River. Complete with Class A license (to operate both Pit and Quarry). As per the license details, "the maximum annual tonnage for this site is unlimited". Therefore income potential is also unlimited. Conservative calculations, of per ton value X available granite on the property, the revenue potential in the 100s of millions. Nestled in the picturesque unorganized township, lies this substantial financial investment, add to your portfolio Or begin your dream! The region's rich geological history, known as the Canadian Shield provides the region with an abundance of this multi-coloured, high-quality granite. The quarry itself spans 61 acres, offering ample space to expanding extraction. Many years from now, when the granite is exhausted from the 61 acres, the property could be easily converted to another use. Granite is highly sought-after material in construction, architecture, and landscaping due to its durability, versatility, and aesthetic appeal. Seller will consider a VTB, (OAC with substantial cash down payment). Please be sure to have your Agent check the documents attached to this Listing. For ease of research, this specific property located on Rye Road, South River, reference PIN 520520411.
Extras:   Driveway access will be legal ROW to the quarry
Price $2,850,000
Taxes: $517.86
Tax Type: Annual
Occupancy by: Vacant
Address: PT LT 147 CON A LOUNT RYE Rd , South River, P0A 1X0, Ontario
Postal Code: P0A 1X0
Province/State: Ontario
Legal Description: PCL 20337 SEC NS FIRSTLY; PT LT 147 CON
Lot Size: 669.08 x 1,598.79 (Acres)
Directions/Cross Streets: 522 E Drive/Rye Road
Zoning: Industrial
Category: Designated
Use: Gravel Pit/Quarry
Total Area: 61.35
Total Area Code:  Acres
Area Influences: Major Highway  
Financial Statement: N
Chattels: N
Franchise: N
Sewers: None
Water: None
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CENTURY 21 B.J. ROTH REALTY LTD.

PT LT 147 CON A LOUNT RYE Rd , South River, P0A 1X0, Ontario


 
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Type: Com - Land
Area: Parry Sound
Municipality: South River
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Lot Size: 669.08 x 1598.79(Acres)
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