8147 Wellington 19 Road West Garafraxa, Ontario - MLS#: 40536420

$4,900,000

This amazing 68 acre parcel of land borders the North East corner of the town of Fergus. The new 40 acre Fergus Business Park is only about 300 metres from the property, and the Government's mandate is to expand the Centre Wellington/Fergus urban boundary by nearly 1000 acres by 2051. With Queens Park on a mission to streamline the approval process to get more homes built in Ontario, it's anyone's guess how fast it could come to fruition. This is a great potential investment opportunity. Seeing is believing with this fine offering! (id:51158)

For Sale: 8147 WELLINGTON 19 Road West Garafraxa – MLS# 40536420

Discover an incredible investment opportunity with this amazing 68 acre parcel of land located in the sought-after area bordering the North East corner of the town of Fergus. Situated just 300 metres away from the newly developed 40 acre Fergus Business Park and with plans for the Centre Wellington/Fergus urban boundary to expand by nearly 1000 acres by 2051, this property holds immense potential for future growth and development.

Key Features:

1. Prime Location:

This property’s strategic location is one of its biggest advantages. It is ideally situated in close proximity to the Fergus Business Park, offering easy access to amenities and potential business opportunities.

2. Desirable Urban Boundary Expansion:

The Centre Wellington/Fergus urban boundary expansion plan, endorsed by the government, is set to encompass this area, paving the way for further development and potential increase in property value.

3. Investment Potential:

With Queens Park focused on streamlining the approval process for home construction in Ontario, the potential for rapidly transforming this parcel of land into a lucrative investment is immense, making it an attractive opportunity for astute investors.

4. Expansive Size:

Spanning an impressive 68 acres, this expansive property offers ample space for various development possibilities, such as residential communities, commercial projects, or recreational facilities.

5. Natural Beauty:

The picturesque surroundings and scenic landscapes enhance the property’s appeal, providing a tranquil setting for future development while maintaining a connection to nature.

Questions and Answers:

1. What is the significance of the Fergus Business Park?

The Fergus Business Park is a newly developed 40 acre area located just 300 metres from the property. Its close proximity offers potential business opportunities and easy access to amenities for future developments.

2. How does the urban boundary expansion benefit this property?

The government’s endorsement of the Centre Wellington/Fergus urban boundary expansion plan by nearly 1000 acres by 2051 is significant for this property. It paves the way for further development, a potential increase in property value, and more opportunities for growth and investment.

3. How does Queens Park’s approval process impact this investment opportunity?

Queens Park’s mission to streamline the approval process for home construction in Ontario is good news for this property. It facilitates faster and smoother development, allowing investors to capitalize on potential market demand and maximize returns.

4. Are there any restrictions on what can be built on this land?

As the property falls within the approved urban boundary expansion area, it opens up numerous possibilities for development. However, specific regulations and zoning laws must be considered in accordance with local governmental authorities.

5. How can I envision the potential of this investment?

The best way to comprehend the incredible potential of this investment opportunity is to witness it firsthand. Arrange a site visit to experience the breathtaking natural beauty, evaluate the surrounding developments, and envision the possibilities for yourself.

⚡⚡⚡ Disclaimer: While we strive to provide accurate information, it is essential that you to verify all details, measurements, and features before making any decisions.⚡⚡⚡
📞📞📞Please Call me with ANY Questions, 416-477-2620📞📞📞

Property Details

MLS® Number	40536420
Property Type	Vacant Land
Features	Country Residential

About 8147 Wellington 19 Road, West Garafraxa, Ontario

Building

Basement Type	None
Utility Water	None

Land

Acreage	Yes
Sewer	No Sewage System
Size Frontage	1750 Ft
Size Irregular	68
Size Total	68 Ac|50 - 100 Acres
Size Total Text	68 Ac|50 - 100 Acres
Zoning Description	Agr

https://www.realtor.ca/real-estate/26474039/8147-wellington-19-road-west-garafraxa