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6681 Irvine St 55.01 Acres of Commercial Land Offered at $5,300,000 CAD in Elora, ON N0B 1S0
Investment Highlights
- The property comprises approximately 55.29 acres and is improved with a total of 29,521 square feet of existing facilities.
- The existing building stock offers potential for continued institutional use, agri-tourism operations, or use as an estate property or hobby farm.
- The property straddles the Elora–Salem urban boundary, with the majority of the site zoned Institutional (IN.12-2) and Agricultural (A).
Executive Summary
6681 Irvine Street, Elora is a 55.29 acre property currently improved with an 29,521 sq. ft. facility comprising a main complex building and male dormitory (9,108 sq. ft.), a female dormitory (a 2,653 sq. ft. converted century home), a gym and classroom complex (11,782 sq. ft), a woodshop (4,026 sq. ft.), and an office and laundry building (1,952 sq. ft.). The property straddles the Elora-Salem urban boundary, with the majority of the Site zoned Institutional (IN.12-2) and Agricultural (A), and the remaining area is Environmental Protection (EP). The portion of the Site identified as Institutional has site specific provisions permitting a Private Health Clinic for human health care purposes. The highly functional existing buildings offer potential for ongoing use as an institutional facility, agri-tourism business, or estate property/hobby farm. Buyer to satisfy itself with respect to zoning for its intended use.
Property Facts
| Price | $5,300,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 55.01 AC |
| No. Lots | 1 | ||
| Zoning | IN.12-2 - Industrial | ||
| Price | $5,300,000 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 55.01 AC |
| Zoning | IN.12-2 - Industrial |
1 Lot Available
Lot
| Price | $5,300,000 CAD | Lot Size | 55.01 AC |
| Price Per AC | $96,346.12 CAD |
| Price | $5,300,000 CAD |
| Price Per AC | $96,346.12 CAD |
| Lot Size | 55.01 AC |
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