0 St Andrew Street
Just listed! New listings in Magnetawan often receive offers within the first week.
About this home
Incredible Opportunity For Residential And/Or Commercial Development 57 Lots, Approximately 30 Acres. In The Official Plan Of Magnetawan, Parry Sound District With Highway 520 Exposure and 400 Ft Of Waterfront On Jenkins Creek. 50 Lots are 0.5 Acres each, 3 Lots Approximately 1.3 Acres Each And 4 Lots Approximately 1 Acre each. Potential To Merge Lots And Develop A Multi Family Building(S) And/Or A Senior Home. Town of Magnetawan Supports new Development there are No Development Fees. Concept sketch for a multifamily development of 25 Units 5 buildings Five units each already created. Contact listing agent for more details. Zoned for singles, semi-detached or a duplex. Potential to combine two lots and build a semidetached duplex 4 units in total for the highest and best use with one septic and well. Seller can hold a mortgage on the property.
Financials
Estimated Rental Income
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Market Data — Magnetawan
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