Lot 14 Concession 29 Highway 17, Montreal River, Ontario P0S 1H0

Listed for:
$799,000
0 beds
0 baths
Listed 145 days ago
Multi-Family for rent: Lot 14 Concession 29 Highway 17, Montreal River, Ontario P0S 1H0

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Learn more about this property
Listing provided by:
Exit Realty True North
MLS® number:
SM232946
Agent:
Alex Khamseh
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About

Sitting on 17.7 acres of commercially zoned unorganized land. Property has an on-site 2 bedroom residence and would make an ideal living space for any owner/operator. All units have been updated over the years. Property includes a large industrial size garage with an attached office unit and two additional on-site dwellings, a 3 bedroom house and a self contained bachelor unit, both are rented throughout the year. Large yard also rented out on a monthly basis. Location has endless development potential and is ideal for a cottage rental development that can make use of the spectacular water views of lake Superior or lease the crown lands on either side for a potential solar farm. With over 1500 feet of frontage on Highway 17 and being close to Montreal River Harbour possibilities are endless. Call for more information. (id:27476)

Property Highlights

Type
Multi-Family
Cooling type
Heating fuel
Fireplace
No
Construction material
Metal, Siding, Wood
Parking space
Ownership Type
Amenities nearby

Location

Summary

Spanning across 17.7 acres of commercially zoned unorganized land, this property offers a prime opportunity for any owner/operator looking for an ideal living space. The on-site 2-bedroom residence and all units have been updated over the years, ensuring a comfortable and modern living environment. In addition to the residence, the property features a large industrial size garage with an attached office unit, as well as two additional on-site dwellings - a 3-bedroom house and a self-contained bachelor unit, both of which are rented throughout the year. The large yard is also rented out on a monthly basis, adding to the property's income potential.

With its vast 1500 feet of frontage on Highway 17 and close proximity to Montreal River Harbour, the location presents endless development potential. The property's spectacular water views of Lake Superior make it an ideal candidate for a cottage rental development, while the option to lease the crown lands on either side opens up the possibility for a potential solar farm. The property's versatility and strategic location make it a highly attractive investment opportunity.

For those interested in exploring the potential of this property further, it is advisable to inquire for more information. The property's features, including the large yard, on-site dwellings, and industrial size garage, make it a compelling prospect for individuals or businesses seeking a versatile and income-generating space in a prime location.

For sale, this property boasts a land size of 1612.5X525.0, falling within the range of 10 - 49.99 acres. Situated on Lot 14 Concession 29 Highway 17 in Montreal River, Ontario, the property's postal code is P0S1H0. With a building exterior finish of metal, siding, and wood, as well as heating type of baseboard heaters, this multi-family property offers a range of possibilities for interested buyers.