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Acreage

$599,900

This 46-acre development parcel in South River, Ontario presents a prime opportunity for land developers in a community poised for growth. With NO REGIONAL DEVELOPMENT FEES and generous incentives such as tax breaks for new businesses under the Community Improvement Plan, the village actively encourages investment. The seller has a draft plan for a phased 107 lot subdivision plan. Buyer to complete their due diligence on viability for the property and their intended use. Seller may hold a VTB.The official plan supports a diverse range of housing options, including affordable housing, single-family homes, townhomes, 4-plexes, and apartment buildings. Existing community infrastructure featuring natural gas, fibre optics, and municipal water (private septic systems required) can support phased development of up to 100 lots. The village is committed to innovative housing solutions, including container homes and granny suites, and maintains a flexible zoning approach. Strategically located just south of North Bay in the scenic Almaguin Highlands, South River is home to around 1,100 residents and a blend of families, retirees, and outdoor enthusiasts. With access to Algonquin Park, Eagle Lake, and Mikisew Provincial Park, the area is a year-round destination for recreation. Local employers like Almaguin Forest Products and Corel Industries contribute to a growing economic base, alongside a rising focus on eco-tourism and creative industries making South River a smart choice for developers looking to invest in a vibrant, forward-thinking community. (id:61852)

Property Details

MLS® Number X12098922
Property Type Vacant Land
Features Irregular Lot Size

Building

Parking

No Garage

Land

Acreage Yes
SizeDepth 1321 Ft ,8 In
SizeFrontage 836 Ft ,1 In
SizeIrregular 836.15 X 1321.7 Ft ; Irregular Shape
SizeTotalText 836.15 X 1321.7 Ft ; Irregular Shape|25 - 50 Acres
ZoningDescription Rural

Utilities

Cable Available

https://www.realtor.ca/real-estate/28203914/south-river

Interested?

Contact us for more information


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Chantal Godard
Broker


Real Broker Ontario Ltd.
130 King St W Unit 1900h, 106631
Toronto, Ontario M5X 1E3

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