$16,900,000
East Garafraxa
65321 County Road 3, East Garafraxa, Ontario, L9W2Y9
This 4-bedroom, 2-bathroom home in East Garafraxa is for sale.
Exceptional opportunity to acquire approximately 49 acres of strategically located Business Park land in the growing Township of East Garafraxa. Prominently positioned on a high-exposure arterial corridor with valuable corner lot frontage, this property offers exceptional visibility, accessibility and long-term development potential. Zoned Business Park -Holding BP (H), this rare parcel offers outstanding potential for industrial, commercial, employment, logistics, warehousing, manufacturing and a variety of permitted business park uses. Ideally situated along County Road 3 and County Rd 11 with convenient access to major transportation corridors including Highway 109, Highway 10 and Highway 9, this property offers excellent connectivity to the GTA, Orangeville, Brampton, Vaughan and surrounding markets. Located within an emerging employment and industrial corridor surrounded by ongoing growth and development while being just minutes from residential subdivisions and amenities. Large land holdings with Business Park zoning are increasingly difficult to find, making this a rare opportunity for developers, investors, end-users and land bankers seeking long-term upside in a rapidly evolving area. The property includes a tenanted two-storey residence currently occupied on a month-to-month basis, providing interim income potential, along with agricultural crop income generated through a separate farming arrangement. The property offers substantial frontage/exposure and an attractive setting with a balance of open land and natural features. Please do not walk the property without an appointment. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 174 days on market, against an average age of 131 days across the listings currently for sale in this city
This 4-bed single family in East Garafraxa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $16,900,000, about 153.6× the local median household income of $110,000.
Carrying it typically needs a household income of about $3,301,162 (20% down, 25-yr amortization, stress-tested) — roughly 2901% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9W)
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Loading rates, 30-yr amortization
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