608 St Isidore Street, Casselman, ON K0A 1M0

$4,750,000

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Property Description

Unique land opportunity in the fast growing town of Casselman, offering ~ 40 acres in the Residential policy area, and 11.9 acres in the Parks and Open Space area! Located directly along the Highway 417 corridor, Casselman allows residents to drive to downtown Ottawa in about 25 to 30 minutes. Offering almost 1600ft of frontage on Laurier Street, and 81ft on St Isidore Street, this property provides great access for future development. The property features a nice set of buildings (with a drive-way off of St Isidore Street), including a 1986 built 3 bed, 2 bath home, a 100' x 40' drive-shed, a 156' x 48' former turkey barn, 2 grain bins and an older dairy barn. The Sellers, who are in their 80s are looking for a lifetime lease for the house and 100' x 40' drive-shed, the remaining buildings can be rented out for storage. The property features a total of 51.9 acres with approximately 47.5 acres that are currently being farmed, providing an annual income as well as low property taxes. Water & Sewer are at the road. The owner has 3 additional parcels in close proximity that can be purchased along with this parcel, for a total of 133.6 acres. The sellers have a preference for a share sale, where a buyer would purchase 100% of the shares of the corporation that owns the land. Offers to be reviewed on July 22.

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Listing courtesy of RE/MAX CENTRE CITY REALTY INC..