ON > Clearview
Clearview, ON L0M 1S0,5188 highway 26 FWY
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Clearview, ON L0M 1S0,5188 highway 26 FWY
Clearview, ON L0M 1S0,5188 highway 26 FWY
Clearview, ON L0M 1S0,5188 highway 26 FWY
Clearview, ON L0M 1S0,5188 highway 26 FWY
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 2,899,888
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5188 highway 26 FWY Clearview, ON L0M 1S0

4 Beds

3 Baths

50 Acres Lot

UPDATED:

10/22/2024 01:51 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

MLS Listing ID S9469303

Style Bungalow

Bedrooms 4

Annual Tax Amount $6,200

Tax Year 2024

Lot Size 50.000 Acres

Property Description

Large Acreage: With almost 90 acres of land, the property offers plenty of space for farming, recreational activities, or future development.Farming Potential: Approximately 50 acres are ideal for farming or a hobby farm, providing an opportunity for agricultural income or personal cultivation.Significant Rental Income: The property generates a solid short-term and long-term rental income of over $160,000 per year, making it a great investment opportunity.Additional Lease Income: Leasing the land to a farmer can earn you an additional $8,000 annually, enhancing the overall return on investment.Low Property Taxes: With property taxes around $6,000 per year, the holding costs for such a large piece of land are relatively low.Prime Location: The property is conveniently located within 10 minutes of Wasaga Beach and 15 minutes from Barrie, providing easy access to amenities, entertainment, and recreational spots.Outdoor Amenities: It features an in-ground swimming pool and a hot tub, which add to its appeal for personal enjoyment or as a rental feature.Ideal for Hunting: The property size and natural surroundings make it perfect for hunting enthusiasts, adding to its recreational value.Land Banking Opportunity: Investing in a large piece of land like this provides a great opportunity for land banking, where the property value could appreciate over time.Versatile Usage: Whether you are looking for a farming opportunity, a recreational retreat, a rental income property, or a long-term investment, this property offers a versatile range of use.

Location

Province ON

County Simcoe

Area Rural Clearview

Rooms

Family Room Yes

Basement Finished with Walk-Out

Kitchen 1

Separate Den/Office 2

Interior

Interior Features Storage, Sump Pump, Ventilation System, Water Softener, Water Purifier, Air Exchanger, Carpet Free, Central Vacuum, Guest Accommodations, In-Law Suite, On Demand Water Heater, Propane Tank

Cooling Central Air

Fireplaces Type Wood Stove

Fireplace Yes

Heat Source Propane

Exterior

Exterior Feature Deck, Hot Tub, Porch, Recreational Area, Private Pond, Year Round Living

Garage Private Double

Garage Spaces 30.0

Pool Inground

Waterfront No

Waterfront Description None

View Garden, Pool, Pond, Trees/Woods, Panoramic

Roof Type Metal

Topography Level

Total Parking Spaces 32

Building

Unit Features Wooded/Treed,School Bus Route,Clear View

Foundation Concrete Block

Others

Security Features Smoke Detector,Carbon Monoxide Detectors,Alarm System,Security System

Listed by RE/MAX REAL ESTATE CENTRE INC.
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5188 highway 26 FWY