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Home ON United Counties of Leeds and Grenville North Grenville
505 BENNETT ROAD
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505 BENNETT ROAD $1,499,900
$1,499,900
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505 BENNETT ROAD
North Grenville, Ontario K0G1J0

MLS® Number: X12470690
0
Bathrooms
-
Square Feet

Listing 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 a permitted 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 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. (41478340)

Location Description

Cross Streets: South Gower Dr and Bennett Rd. ** Directions: FROM KEMPTVILLE GO EAST ON COUNTY RD 43 TO TRAFFIC CIRCLE AND GO SOUTH ON SOUTH GOWER DRIVE. TO THE NEW TRAFFIC LIGHTS AND GO EAST ON BENNETT RD. PROPERTY IS ON THE NORTH SIDE OF BENNETT RD. SIGN ON PROPERTY.

Property Summary

Property Type
Vacant Land
Community Name
802 - North Grenville Twp (Kemptville East)
Land Size
636 x 3428 FT ; 0|50 - 100 acres
Annual Property Taxes
$649
Total Parking Spaces
0
Time on REALTOR.ca
56 days

Building

Bathrooms
Total
0
Interior Features
Basement Features
Unknown
Basement Type
Unknown (Unknown)
Heating & Cooling
Cooling
Unknown
Heating Type
Not known (Unknown)
Utilities
Utility Type
Electricity (Available)
Parking
Total Parking Spaces
0

Land

Lot Features
Frontage
636 ft
Land Depth
3428 ft
Other Property Information
Access
Year-round access
Zoning Description
Mineral Aggregate
Data provided by: Ottawa Real Estate Board
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