$1,900,000
12.07 BTC
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400 Newton Street, Tay
$1,900,000
PRICE
0
BEDROOMS
0
BATHROOMS
S12167304
MLSID

400 Newton Street, Tay

Draft site plan has been agreed to by the municipality for the construction of 86 units in 11 buildings as well as a common room/office building. Draft site plan approval is pending. The property is zoned Institutional, I-2, Independent Retirement residence which allows for a wide range of uses including senior citizens residence, and retirement rental units. Attached is also a planners opinion of other alternatives that may be possible on this unique site Over 10+ acres of vacant land located within the Victoria Harbour Settlement Area and 10km east of the Town of Midland. The building envelope is surrounded by mature forest including oak, maple and beech trees. The Tay Trail, scenic Victoria Harbour, public beaches, and Georgian Bay are within easy walking distance if the property. 7 minutes to Waubaushene and 12 minutes to beautiful Port Severn. Easy access to major arteries and amenities! **Please see the attachments with two separate potential concept plans for options and consideration. The only other form of residential development currently not provided is a single mid rise apartment building.**
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Summary

Address
400 Newton Street
City
MLSID
S12167304
Property Type
Vacant Land
Property Category
Zoning
Res
Taxes (Annual)
$888.00
Tax Year
2024
Published
May 22, 2025
Days on Market
74 Days
Possession Type
Flexible
Possession Details
Flex.
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Details

Lot Size
11
Water
None
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with SUTTON GROUP INCENTIVE REALTY INC.
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