$16,900,000
East Garafraxa
65321 County Road 3, East Garafraxa, Ontario, L9W2Y9
This industrial property in East Garafraxa is for sale offering roughly 49 sq ft of space.
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)
Features and services as supplied by the listing brokerage.
Long Listed: 175 days on market, against an average age of 132 days across the listings currently for sale in this city
This 4-bed industrial 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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