Motivated Seller - Bring Your Offer. Rare opportunity on 61 acres in South River with serious upside. Located in the unorganized township of Lount, this property is wide open for investors, developers, or entrepreneurs ready for this exciting, high potential investment. The seller is motivated and open to offers. Currently licensed as a Granite Quarry (not operated for several years) with a Class A Pit & Quarry license - including unlimited annual tonnage per the license. That's not marketing fluff; that's real income potential. Conservative projections put long-term revenue in the hundreds of millions, backed by the region's rich Canadian Shield granite deposits. End uses? Plenty. Keep extracting. Expand operations. Or think long term: residential development, tiny homes, campground, RV park, your own personal residential estate, family compound or land hold. When extraction is complete, the site transitions easily into its next chapter. Granite from this area is high-quality, multi-coloured, and in constant demand for construction, architecture, and landscaping. This is the kind of asset that doesn't come around often - and when it does, it doesn't wait. Rye Road, South River PIN: 520520411 Buyers must have their agent review all attached documents. Please note: the adjacent parcel (MLS # X12353410) with home (2 residential units), garage, barn, 2 ponds and lake is also available. Bottom line: seller wants this sold. If you've been waiting for a 'high ceiling land play' - this is it. Make an offer. (id:66096)
Property Details
MLS®
X12353767
Property Type
Vacant Land
Bathrooms
0
Frontage
669 ft
Property Tax
$418/yr
Listed
442 days ago
Features
Lot Features
Rocky, Open space, Flat site, Dry
Services
Utilities
Electricity
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
442d
South River listings, avg age
60d
List price
$1.65M
Long Listed: 442 days on market, against an average age of 60 days across the listings currently for sale in this city
Market timing · days on market0 → 60d avg age of current listings
Long Listed · day 442
Homes here sell below asking price
Homes in this market sold for an average of 92.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This vacant land in South River is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by CENTURY 21 B.J. ROTH REALTY LTD. · ERNA COLLINS
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (P0A)
This home lists at $1,650,000, about 24.3× the local median household income of $68,000.
Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 374% above the area median.
Median household income
$68,000
Population
17,822
Median age
56.8
Owner / renter
87% / 13%
Avg. household size
2.2
Source: Statistics Canada, 2021 Census (FSA P0A)
$1,650,000
For sale
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