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$ 3,500,000
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Active
5823 12 HIGHWAY Ramara (atherley), ON L3V1C2
13 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 13 sqft
Price per Sqft $269,230
Subdivision Atherley
MLS® Listing ID S12371183
Lot Size 13.160 Acres
Acres 13.16
Source Toronto Regional Real Estate Board
Property 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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
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