The Seller has Applied to amend the Official Plan and the General Zoning By-Law from Institutional (2) to Multiple Residential "R3. The Permitted Uses for the Multiple Residential "R3" include Singe Detached Dwellings, Duplex Dwellings, Street Townhouses, Low Rise Apartment Buildings, Bed and Breakfast Establishments, and Apartment Buildings. Negotiations with the Municipality are proceeding. Even though Draft site plan has been agreed to by the municipality for the construction of 86 units in 11 buildings as well as a common room/office building. Draft site plan approval is pending in the Victoria Harbour Settlement Area The building envelope is surrounded by mature forest including oak, maple and beech trees. The Tay Trail, scenic Victoria Harbour, public beaches, and Georgian Bay are within easy walking distance if the property. 7 minutes to Waubaushene and 12 minutes to beautiful Port Severn. Easy access to major arteries and amenities!
Address
400 Newton Street
List Price
$1,795,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Vacant Land
Transaction Type
Sale
Area
Tay
Sub-Area
Victoria Harbour
Region
Simcoe
Lot Size Source
MPAC
Lot Shape
Irregular
Lot Size Range (Acres)
10 - 24.99
Lot Size Units
Feet
Parcel Number
584860100
Occupant Type
Vacant
Cross Street
400 N to Hwy 12 to right on Newton
MLS® Number
S13220708
Listing Brokerage
SUTTON GROUP INCENTIVE REALTY INC.
Postal Code
L0K 2A0
Posession Details
TBD
Tax Amount
$917.00
Tax Year
2025
Cable
No
Central Vacuum
No
Hydro
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Direction Faces
West
Tax Legal Description
See Realtor Remarks
View Type
Panoramic, Trees/Woods, Water
Waterfront
No
Waterfront
WaterfrontCommunity
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