1777 Old Second Street S, Springwater, ON L0L 1X0 – Springwater – $2,999,999

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Description

This licensed pit boasts an exceptional location. Abutting Hwy 400 this property is only 5 minutes away from the Forbes rd exit and just north of Barrie. The entire property is 97.5 acres zoned a mix of ME-9 Extraction Industrial Special | A Agriculture | OS Open Space. The licensed area is 19.38 ha (47.9 acres). License number 32554 Class A, with an excellent annual extraction cap of 500,000 tonnes per year. A full discovery was executed by Skelton Brumwell & Associates Inc. establishing an estimated reserve of 1,150,000 tonnes within the current site plan. Reserve is mostly sand with mixed stone, good for B Gravel or various screened sands. This reserve is in addition to the current stockpiles on site. The site plan also allows for recycled granular of concrete, asphalt and brick on site. Additional property amenities include a) a heated and electricity powered scale house, with weigh station b) diesel heated 40 X 60 tarpaulin structure on concrete block foundation with a 16 foot drive door c) 2 office trailers d) ample parking area for equipment and storage.

Property Details

• Property Type: Commercial
• List Price: $2,999,999
• Lot Size (sq ft): 97.5
• Tax Year: 2024
• Annual Taxes: $10,802