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505 BENNETT RD North Grenville, ON K0G 1J0
50 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 802 - North Grenville Twp (Kemptville East)
MLS Listing ID X9517081
Style Unknown
Annual Tax Amount $530
Tax Year 2024
Lot Size 50.000 Acres
Property Sub-Type Vacant Land
Property Description
Here is an investment opportunity for future aggregate supply. This 50-acre property includes over 40 acres zoned for Mineral Aggregate and past test holes suggest high quality concrete grade sand. Whether purchasing as an investment or for immediate use, the property has recently reduced price by $500,000 and creates an attractive buy. The separately owned land on the east side is already an active mineral Aggregate extraction pit, lending to an obvious president for a pit permit approval on this land too. On the west side is also mineral aggregate land expected to also be a future pit. Ministry letters on file confirm no wetlands zoning remain on the land. Note there is an unused Bell easement near the roadside end of the property that is not expected to be utilized and poles and lines already run adjacent to Bennett Rd. Currently the seller leases the land to a local farmer for seasonal crops. This agreement is renewed annually. There is an existing culvert and access to the land, presently used by the leaseholder. Sand and gravel continue to be in demand throughout Eastern Ontario. Being zoned Mineral Aggregate provides a positive start for a successful future.
Location
Province ON
County Leeds And Grenville
Community 802 - North Grenville Twp (Kemptville East)
Area Leeds And Grenville
Rooms
Family Room No
Basement Unknown
Kitchen 0
Interior
Interior Features Unknown
Cooling Unknown
Heat Source Unknown
Exterior
Parking Features Unknown
Pool None
Waterfront Description None
Roof Type Unknown
Road Frontage Year Round Municipal Road
Lot Frontage 636.0
Lot Depth 3428.0
Others
Security Features Unknown
Listed by RE/MAX AFFILIATES REALTY LTD.
