2420 Providence Line
Otonabee-South Monaghan / Otonabee-South Monaghan, ON K9J 6X8
About This Property
Turnkey Opportunity! Sale Of An Established Auto Recycling And Salvage Business Together With Approximately 100 Acres Of Freehold Land In The Township Of Otonabee-South Monaghan, County Of Peterborough. The Long-Established Operation, With The Township's Records Tracing The WreckingYard/Shop Back To 1979, Is Recognized By The City As Legal Non-Conforming: The Recycling/Wrecking Yard And Shop, Which Would Normally Fall Under The Waste Disposal Industrial (MD) Zone, Sit Within The Rural (RU) Zone And May Continue At Their Current Location And Size (Cannot Be Enlarged Without Planning Approvals). The Business Is Supported By An 80-Ft Commercial Weigh Scale, A Hydraulic Compressor, An Approx. 2,500 Sq Ft Autobody Workshop, And A Yard Configured For Approximately 1,000 Vehicles. Beyond The Existing Operation, The Property Offers Untapped Upside: Approximately 7.5 Acres Of Waste Disposal Industrial (MD) Land That Could Support The Set-Up Of A Separate Waste Disposal Or Recycling Business, And Roughly 1.5 Acres Of Rural Residential (RR) Land Offering Potential To Build A New Rural Farmhouse Or Home - Both Subject To Municipal Approvals. Also Included: A Detached Home Serviced By Well, Septic, And 400-Amp/220-Volt Hydro, Plus Approximately 90 Acres Of Rural And Natural Land With Mature Cedar And Mixed-Hardwood Bush And A Watercourse With Environmental Protection Lands. Four Zoning Designations (RU/RR/MD/EP)Across One Freehold Title. Approximately 20 Minutes To Peterborough, About 1.5 Hours To TheGTA, With Direct Frontage On A Paved Municipal Road. Sold As-Is, Where-Is. Confidential Information Memorandum Available Upon Signing Of An NDA.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13558832
Listed by Global Bricks Realty
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$10,743
/month · $1,760,000 mortgage
Amortization
Total Interest
$1,462,867
Total Cost
$3,222,867
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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