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- LoopNet Team
Osgoode Main St
Ottawa, ON K0A 2W0
Land For Sale
·
200.00 AC
INVESTMENT HIGHLIGHTS
- Up to 200 acres (approx.)
- Ideal holding investment opportunity
- Adjacent to Osgoode Village Boundary
- Site is in the positioning for future value, and in the fact that the site can support its costs in the interim period
PROPERTY FACTS
DESCRIPTION
The property has some remaining surface aggregate, and is actively farmed, keeping the property active and generating an income that supports the carrying costs. A class B aggregate license, #4215 exists, for extraction potential below the water table over a 17.9ha area. The aggregate onsite ranges from medium to ultra-fine grained sand. With limited high-quality aggregate on site, purchasers would be in a position to have the license removed. A summary report concludes that the aggregate quality and quantity would not be economic to recover. Summary of drilling results completed by Marathon Drilling on the property as known as the Walter J. Clelland Pit, East End-below the water table: 40,000 approx. tonnes of Medium-Grained sand 20,000 approx. tonnes of Fine-Grained sand West End of Site-above the water table: Medium-Grained sand, 41,000 tonnes
