98-105 Mill St E, Springwater

Residential Development Land | 138 AC | Hillsdale Secondary Plan

OPPORTUNITY SUMMARY

The site is composed of three parcels within the Hillsdale Secondary Plan designated as Residential Land, identified as a Major Area in Springwater's Urban Settlement Areas.

The three parcels constitute a cumulative 138.5 acres, with approximately 57 usable acres. ~70 acres of the parcel are currently being farmed.

Current Secondary Plan allows 0.5 acre lot based on 100' of frontage
Potential to develop up to 132 lots under current policy
There is an approved proposal for a sewage treatment plant to be built by the landowners to the North of the site, creating an opportunity for increased density and to tap into future sewage infrastructure
Provincial forecasts note that Simcoe County’s population is expected to grow by 194,000 people by 2051, almost quadrupling in size

  
        Property Details
      
        Full Address
      
        105 Mill St E,

        Hillsdale, ON L0L 1V0

        41 Mill St E,

        Hillsdale, ON L0L 1V0
      
        Lot Size
      
        125.3 AC

        5.6 AC

        7.6 AC
      
        Frontage
      
        742 ft (41 Mill St)
      
        OP Designation
      
        Urban Residential

        Environmental Protection 1
      
        Zoning
      
        R1 (H) - Residential

        A - Agricultural

        EP - Environmental Protection
      
        Current Use
      
        Farm without residence, with secondary structures;

        with farm outbuildings

  
      Phase 1
    
      Single Detached
      179
    
      Phase 2
    
      Single Detached
      290

  
        Key Demographic Data
        (within 10-minute drive radius)
      
      Population
      5,696
    
      Median Age
      45.0
    
      Households
      1,991
    
      Median Household Income
      $142,290
    
      Drive Location
      Drive Distance
    
      Horseshoe Valley
      12 minutes
    
      Barrie
      22 minutes
    
      Wasaga Beach
      24 minutes
    
      Midland
      26 minutes
    
      Orillia
      34 minutes

Hillsdale Secondary Plan & Zoning

Schedule A-7: Hillsdale

105 Mill St E is Zoned R1 (H), EP & A

Property is a mixture of Residential and Agricultural Zoning, with a segment zoned as Environmental Protection.

Property is part of the Hillsdale Secondary Plan. Hillsdale is categorized as a Major Area in Springwater’s Urban Settlement Areas, where they anticipate the majority of new developments will proceed over the next 20+ years.

	Elmvale	Hillsdale	Midhurst	Centre Vespra	Snow Valley	Anten Mills	Minesing	Phelpston
2021	3036	1158	2889	1853	3555	531	738	258
2031	5584	2545	15470	2911	3804	909	738	258
2041	5678	4481	23504	3160	8952	909	738	258

The Offering Process

Additional Information

The Designated Representatives from the Land & Investment Group Team of Royal LePage Real Estate Services Ltd. Brokerage have been retained by the vendor as the exclusive advisors to seek offers for the disposition of 41, 98-105 Mill St E in Springwater.

A data room has been created to provide prospective buyers with additional information. To obtain access, please sign and return the Confidentiality Agreement.

Offer Submission

The Property is being offered on an unpriced basis. Seller seeks best price and terms, based on the development potential. For additional information, please contact one of the listing advisors below.

All offers are requested to be submitted to Arash Fatemi or Renato Viele.

Royal LePage Real Estate Services Ltd.

4101 Yonge St, Suite 502, Toronto, ON M2P 1N6
55 St. Clair Ave W, Toronto, ON M4V 2Y7

Lead Advisors

Arash Fatemi*

VP, Capital Markets
Cell: 416.910.4726
afatemi@land-investmentgroup.ca

Renato (Ron) Viele*

Sr. VP, Land & Investment Group
Cell: 416.726.4358
rviele@land-investmentgroup.ca