5188 HIGHWAY 26 FREEWAY

Single Family For Sale in Clearview, Ontario

$2,899,888
  • 6 Beds
  • 3 Baths
  • 3,000 Sq. Ft.
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:4069)
Address 5188 HIGHWAY 26 FREEWAY
List Price $2,899,888
Property Type Single Family
Type of Dwelling House
Style of Home Bungalow
Area Ontario
Sub-Area Clearview
Bedrooms 6
Bathrooms 3
Floor Area 3,000 Sq. Ft.
Lot Size 953.9 x 4054.8 FT Sq. Ft.
MLS® Number S9469303
Listing Brokerage RE/MAX REAL ESTATE CENTRE INC.
Basement Area N/A (Finished)
Postal Code L0M1S0
Zoning Rural
Site Influences View
Features Wooded area, Level, Carpet Free, Guest Suite, Sump Pump, In-Law Suite

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Susan Bowins

RE/MAX BY THE BAY BROKERAGE

1263 MOSLEY ST. WASAGA BEACH ON L9Z 1R7

Office: (705) 441-0887

susanb@rogers.com