12 Highway Unit 5823

For Sale New 6 Days
$3,500,000
13.16 Acre

12 Highway Unit 5823

For Sale New 6 Days
$3,500,000
13.16 Acre

Highlights

Key insights

Description

A future commercial development site as a sleek, modern hub with dynamic architecture and thoughtful landscaping. Presenting a rare and high-potential mixed-use development opportunity at 5823 Highway 12 in Ramara, Ontarioan expansive 13.156-acre parcel strategically located at the intersection of Highway 12 and Rama Road, minutes from Lake Simcoe, Casino Rama, and Orillia. The site benefits from excellent visibility and access, with future road upgrades anticipated and proximity to major regional corridors. Environmental studies indicate minimal constraints, with a small wetland buffer in the northwest corner and inclusion in the Lake Simcoe Protection Plan area. Planning work is underway, including traffic impact, stormwater management, and market analysis. With pre-consultation completed and municipal support for intensification, the site is primed for a transformative project featuring approximately 469,366 sq ft of gross floor area. One of the proposed concepts includes 58 townhome units across nine blocks, a 105-unit, seven-storey seniors residence, two single-storey commercial buildings with 10 retail units and a drive-through, and a six-storey hotel with 126 rooms. Zoned Village Residential (VR), the property permits multi-unit dwellings, care facilities, and accessory commercial uses, with septic and well systems currently allowed and municipal servicing under review. . (id:63267)

KIRILL KANEVSKY of SUTTON GROUP-ADMIRAL REALTY INC.,
#S12371183
updated 6 days ago.
Houseful checked MLS® for data 6 days ago.

Home overview

Location
  • Subdivision
    Atherley
Lot/ Land Details
  • Lot dimensions
    13.16
Overview
  • Lot size (acres)
    13.16
  • Listing #
    S12371183
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28792766/5823-12-highway-ramara-atherley-atherley
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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