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$2,950,000
Status: For Sale
VTB Opportunity! Exceptional Development Opportunity in Newbury! Discover this unique 69.755-acre piece of organic farmland, perfectly poised for transformation in the vibrant community of Newbury and Southwest Middlesex. This property offers substantial development potential, with planning and rezoning activities underway for a residential subdivision. Key Highlights:Re-Zoning & Severance: Positioning this land as a prime investment opportunity for residential development. The severance phase will offer flexible parcel configurations, ideal for diverse development projects.Existing Municipal Infrastructure: Fully equipped with all necessary municipal services, including natural gas, hydro, water, and sewer, to support the planned subdivision.Strategic Location: Situated within an existing residential neighborhood, ensuring seamless integration with community infrastructure.This property could be the ideal parcel of land, making it a prime target for the right developer and builder eager to capitalize on the growth potential of the area as early adopters. EXTRAS: Total of 69.755 acres, with approximately 20 acres in Newbury and the remaining in Southwest Middlesex. The site includes a large workshop and additional structures.
| Property Type | :Residential |
|---|---|
| MLS Number | :X9016152 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :24 Feb, 2025 (30 Days ago) |
| Source | :TRREB |
| Area | :Middlesex |
|---|---|
| Postal Code | : N0L 1Z0 |
| Price | : $2,950,000 |
|---|---|
| Property Taxes | :$570.77 |
| Tax Year | :2024 |
|---|
| Bedrooms | :0 + |
|---|---|
| No. of Rooms | :0 |
| Cross Street | :HAGERTY ROAD AND TUCKER ST |
| Bathrooms | :0 |
|---|---|
| Fuel | :Other |
| Virtual Tour | :Virtual Tour (External Link) |
| Exterior Finish | :Other |
|---|---|
| Parking Space | :0 |
| Basement | :None |
| Garage | :Other |
|---|
06 Jul, 2024
TREB #X9016152
Listed
$2,950,000
