$4,995,000

95 Shay Road, Huntsville (chaffey), Ontario

18.77

Acres

X12377593

MLS® Number

47

Days on Website

For Sale

Listing Type

$4,995,000 | Chaffey Huntsville (chaffey) for Sale at 95 Shay Road Huntsville (chaffey)

95 Shay Road, Huntsville, Ontario. Residential Development Opportunity. This prime 18.8-acre parcel is located just a 10-minute walk from downtown Huntsville and offers a fully conceptualized plan for 195 residential units. The design includes 150 apartment units across two 4-story buildings with ground level garage parking and 45 two-story townhomes in 9 blocks. The site's elevated position will provide views over the town while offering convenient access to boutique shopping, dining, cultural amenities, resorts, skiing, and boating on Huntsville's 4 lake chain. Zoned R4, the property is well positioned for mid-density residential development with the potential for greater density if desired. A full set of supporting reports and studies have been completed, including planning justification, survey, environmental, archaeological, architectural, engineering, traffic, storm water, and landscape design. Calculated at $24,000 per apartment unit plus $31,000 per townhome unit, this development is well below other local pricing. Vendor Take Back financing is available on favorable terms, and joint venture opportunities may be considered depending on the exit strategy. Huntsville is Muskoka's largest and fastest-growing community, with strong demand for housing from permanent residents, seasonal buyers and renters. Shay Rd offers an excellent MLI Select opportunity for long term investors. The market is supported by steady population growth, tourism activity, government incentives for green development, and limited supply of high-quality mid-density housing. This site represents an exceptional opportunity for developers and investors to capitalize on one of Ontarios most desirable real estate markets. (id:6289)

Financial and Mortgage

List Price $4,995,000
Original Price $4,995,000
Monthly Payment $20,828/month
Get Prequalified
Days on Website 47

95 Shay Road Details

Show Less

Construction and Lot

Bathrooms 0.00
Has Basement No

Exterior of 95 Shay Road

Type Vacant Land

Interior

Fireplace No

Chaffey Information

About Chaffey in Huntsville (chaffey)

Address 95 Shay Road
Subdivision Chaffey
City Huntsville (chaffey)
Province Ontario
Postal Code P1H1L2
Office/Brokerage Corcoran Horizon Realty

Chaffey Map, Demographics, Characteristics

Book a Viewing of 95 Shay Road and other Chaffey homes.

See 95 Shay Road and other Chaffey homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12377593 95 Shay Road in Chaffey, Huntsville (chaffey) Ontario, or fill out the form below. Looking for more Chaffey homes for sale in Huntsville (chaffey)? Our top Huntsville (chaffey) real estate specialists are ready to help you buy or sell in the Chaffey area. Contact us today!

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