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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$5,000,000
Available - For Sale
Listing ID: S11909233
424 Penetanguishene Rd , Springwater, L4K 4Y8, Ontario


Location, Location, Location! This 53-Acre property on the edge of Barrie backing on to Hwy 400 & fronting on Hwy 93, offers a prime investment opportunity &/or the perfect location to move your business. With the potential of over $1 million in sales, the current core businesses, with over 25 years of operation, include a 9-hole golf course, spanning 53 scenic acres. The property features a 9000 Sq Ft clubhouse with a turf garage, pristine greens, stunning views, a practice driving range, and a modern bistro restaurant. This remarkable property offers a grand ballroom, a seasonal venue room, and four fully furnished rental suites, with the potential to generate over $4,000 in monthly revenue. With exciting development potential, this property includes 10 acres for expansion, an 8-acre driving range, and the opportunity to add two more storeys with 40+ accommodation rooms to the clubhouse. The City of Barrie is currently expanding its boundaries, and under the current proposal, this property will soon be within city limits offering unparalleled future growth potential. Located just 500m from Georgian Drive and with close access to RVH, Georgian College, and Hwy 400, this property is perfectly positioned for success. The current owner is retiring and willing to provide training. Don't miss out on this rare opportunity to secure a prime piece of land with unlimited potential!
Price $5,000,000
Taxes: $4500.00
Tax Type: Annual
Occupancy by: Tenant
Address: 424 Penetanguishene Rd , Springwater, L4K 4Y8, Ontario
Postal Code: L4K 4Y8
Province/State: Ontario
Legal Description: PT LT 7 CON 1 VESPRA PT 1 51R27315 ; SPR
Lot Size: 662.47 x 1432.19 (Acres)
Directions/Cross Streets: Hwy #400 To Hwy #93 South
Category: Designated
Use: Golf
Building Percentage: Y
Total Area: 53.00
Total Area Code:  Acres
Area Influences: Major Highway   Rec Centre
Business/Building Name: Landings of Willow Creek
LLBO: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Sewers: Septic
Water: Well
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.
Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Com - Land
Area: Simcoe
Municipality: Springwater
Neighbourhood: Centre Vespra
Style:
Lot Size: 662.47 x 1432.19(Acres)
Approximate Age:
Tax: $4,500
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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