505 Bennett Road, North Grenville, Ontario K0G 1J0

Listed for:
$1,499,900
0 beds
0 baths
Listed 23 days ago
505 Bennett Road, North Grenville, Ontario K0G 1J0

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About

Cross Streets: South Gower Dr and Bennett Rd. ** Directions: FROM KEMPTVILLE GO EAST ON COUNTY RD 43 TO TRAFFIC CIRCLE AND GO SOUTH ON SOUTH GOWER DRIVE. TO THE NEW TRAFFIC LIGHTS AND GO EAST ON BENNETT RD. PROPERTY IS ON THE NORTH SIDE OF BENNETT RD. SIGN ON PROPERTY. Here is an investment opportunity for future aggregate supply. This 50-acre property includes over 40 acres zoned for Mineral Aggregate and past test holes suggest high quality concrete grade sand. Whether purchasing as an investment or for immediate use, the property has recently reduced price by $500,000 and creates an attractive buy. The separately owned land on the east side is already a permitted mineral Aggregate extraction pit, lending to an obvious president for a pit permit approval on this land too. On the west side is also mineral aggregate land expected to also be a future pit. Ministry letters on file confirm no wetlands zoning remain on the land. Note there is an unused Bell easement near the roadside end of the property that is not expected to be utilized and poles and lines already run adjacent to Bennett Rd. Currently the seller leases the land to a local farmer for seasonal crops. This is renewed annually. There is an existing culvert and access to the land, presently used by the leaseholder. Sand and gravel continue to be in demand throughout Eastern Ontario. Being zoned Mineral Aggregate provides a positive start for a successful future. (id:27476)

Property Highlights

MLS® Number
X12470690
Type
Vacant Land
Community Name
802 - North Grenville Twp (Kemptville East)
Land Size
636 x 3428 FT ; 0|50 - 100 acres

Building

Fireplace Present
No
Basement Type
Unknown (Unknown)
Basement Features
Unknown
Building Heating Type
Not known
Heating Fuel
Unknown
Building Cooling Type
Unknown

Location

Learn more about this property
Listing provided by:
RE/MAX AFFILIATES MARQUIS
MLS® number:
X12470690
Agent:
John Gray
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