5188 HIGHWAY 26 FREEWAY Active Save Request In-Person Tour Request Virtual Tour
Clearview,ON L0M1S0
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,999 sqft
Price per Sqft $966
Subdivision Rural Clearview
MLS Listing ID S9469303
Style Bungalow
Bedrooms 6
Half Baths 1
Originating Board Toronto Regional Real Estate Board
Property Description
Large Acreage: With almost 90 acres of land, the property offers plenty of space for farming, recreational activities, or future development.Farming Potential: Approximately 50 acres are ideal for farming or a hobby farm, providing an opportunity for agricultural income or personal cultivation.Significant Rental Income: The property generates a solid short-term and long-term rental income of over $160,000 per year, making it a great investment opportunity.Additional Lease Income: Leasing the land to a farmer can earn you an additional $8,000 annually, enhancing the overall return on investment.Low Property Taxes: With property taxes around $6,000 per year, the holding costs for such a large piece of land are relatively low.Prime Location: The property is conveniently located within 10 minutes of Wasaga Beach and 15 minutes from Barrie, providing easy access to amenities, entertainment, and recreational spots.Outdoor Amenities: It features an in-ground swimming pool and a hot tub, which add to its appeal for personal enjoyment or as a rental feature.Ideal for Hunting: The property size and natural surroundings make it perfect for hunting enthusiasts, adding to its recreational value.Land Banking Opportunity: Investing in a large piece of land like this provides a great opportunity for land banking, where the property value could appreciate over time.Versatile Usage: Whether you are looking for a farming opportunity, a recreational retreat, a rental income property, or a long-term investment, this property offers a versatile range of use. **** EXTRAS **** In-ground swimming pool, Hot tub, huge natural pond, huge Quonset steel building, with water and hydro supply, 200amp Breaker, additional 400amp supply, fully furnished, water softener and RO system, central vac, heat exchanger (id:24570)
Location
Province ON
Rooms
Extra Room 1 Basement Measurements not available Recreational, Games room
Extra Room 2 Basement Measurements not available Bedroom 5
Extra Room 3 Basement Measurements not available Bedroom
Extra Room 4 Main level Measurements not available Living room
Extra Room 5 Main level Measurements not available Family room
Extra Room 6 Main level Measurements not available Dining room
Interior
Heating Forced air
Cooling Central air conditioning,Ventilation system,Air exchanger
Flooring Hardwood,Ceramic
Fireplaces Number 1
Fireplaces Type Woodstove
Exterior
Garage Yes
Community Features School Bus
Waterfront No
View Y/N Yes
View View
Total Parking Spaces 32
Private Pool Yes
Building
Story 1
Sewer Septic System
Architectural Style Bungalow
Others
Ownership Freehold