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0 St. Andrew St 30 Acres of Commercial Land Offered at $2,537,335 USD in Magnetawan, ON P0A 1P0
INVESTMENT HIGHLIGHTS
- Commercial and residential development opportunity offering approximately 30 acres across 57 shovel-ready lots with highway and water frontage.
- Making up about a third of downtown and part of the Magnetawan's official plan with flexible zoning and no development fee.
- Ideal for a mixed-use project or a master-planned multi or single-family community minutes to the river between Lake Cecebe and Ahmic Lake.
- Running east to west across the centre of the site at Williams Street is a hydro line allowing for easy access to electricity.
EXECUTIVE SUMMARY
0 St. Andrew Street presents an exciting opportunity for residential and commercial development in the Almaguin Highlands of Ontario. Sitting at approximately 30 acres, 0 St. Andrew Street consists of 57 lots in the official plan of the town of Magnetawan in the Parry Sound District. The shovel-ready land lots range from a half-acre to 1.3 acres with 1,435 feet of frontage on Highway 520 and 400 feet of waterfront, 3 lots backing Jenkins Creek, offering picturesque views.
Representing one-third of Downtown Magnetawan, 0 St. Andrew Street features no development fee. With flexible zoning, the land allows for a wide range of construction opportunities, including the potential to merge lots to develop a multi-family or senior home community. Additionally, a hydro line runs through the middle of the site along William Street. Magnetawan is a historic village located between Lake Cecebe and Ahmic Lake on the beautiful Magnetawan River, offering 40 miles of fabulous boating on one of the largest waterway systems in the Parry Sound District. 0 St. Andrew Street is for sale with an asking price of CAD 3,500,000. Sketch for phase 1 development already created.
Representing one-third of Downtown Magnetawan, 0 St. Andrew Street features no development fee. With flexible zoning, the land allows for a wide range of construction opportunities, including the potential to merge lots to develop a multi-family or senior home community. Additionally, a hydro line runs through the middle of the site along William Street. Magnetawan is a historic village located between Lake Cecebe and Ahmic Lake on the beautiful Magnetawan River, offering 40 miles of fabulous boating on one of the largest waterway systems in the Parry Sound District. 0 St. Andrew Street is for sale with an asking price of CAD 3,500,000. Sketch for phase 1 development already created.
PROPERTY FACTS
1 LOT AVAILABLE
Lot 57
| Price | $2,537,335 USD | Lot Size | 30.00 AC |
| Price Per AC | $84,577.83 USD |
| Price | $2,537,335 USD |
| Price Per AC | $84,577.83 USD |
| Lot Size | 30.00 AC |
Sitting at approximately 30 acres, 0 St. Andrew Street consists of 57 lots in the official plan of the town of Magnetawan in the Parry Sound District. The shovel-ready land lots range from a half-acre to 1.3 acres.
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0 St. Andrew St
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