50 - 1212 Kingsway

Greater sudbury, ON, P3B 2E8
MLS® #: 2064442
CARMEN BEDARD, RE/MAX Sudbury Inc

$3,900,000

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Business Type: Business

Date Listed: Thu, Sep 20, 2018

Property Tax: N/A

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50 - 1212 Kingsway

Greater sudbury, ON, P3B 2E8

$3,900,000

N/A sqft|Business
MLS® #: 2064442
CARMEN BEDARD, RE/MAX Sudbury Inc

More to See

Property Description

Excellent location for potential commercial or residential with great visibility of this elevated property. Almost 20 acres with approx. 747 feet of frontage “overlooking” the Kingsway, a high traffic area above local restaurants, car lots and commercial buildings. Adjacent to new shopping development and Microtel Inn & Suites, backing onto Junction Creek Conservation Authority land and Adanac Ski Hill. Property has been landscaped in almost all areas, providing several tiers of levelled and filled plateaus, solid, wide gravel roads throughout, panoramic vistas from all areas, really a beautiful location for future developments. 2 entrances to access the property, on the west side a gravel road at the Kingsway, on the east side Silver Hills Drive, recently built and privately maintained, servicing Microtel Inn and a new commercial developments, terminating at our lot line. Potential to develop the gravel road from the Kingsway (we own the road, other parcels have rights of way) to transfer to the city, owners of this and other affected parcels have begun discussions. Property is currently used and derives income from multi-family, vehicle sales, but primary value is in the land for future development. Current buildings include: Main residence: Split-level 4 bedrooms, 2 full baths; separate rental unit: 2 bedrooms, 1 bath; mobile home with garage is a year round residence, 2 bedrooms, 2 baths; duplex: Upper unit is 2 bedrooms, 1 bath, main level unit is re-purposed to office and storage, but can be returned to a residential unit; additional mobile home used for office and storage; older garage with 3 bays; large quonset building used for storage. Property is serviced with hydro, municipal sewer and water, telephone. Natural gas has been brought up the hill, installed in adjacent property. Garbage pickup comes through the property and picks up at each residence. Signage at the highway is owned. Financing or payment options are available to highly qualified

Details

Property Type: Commercial
Property Tax: N/A
Fees: N/A
Last Updated: Fri, April 19, 2019

Key Facts

MLS® #: 2064442
Style: N/A
Ownership-Type: N/A
Year Built: N/A
sqft: N/A
Date Listed: Sep 20, 2018
Lot Size: 10
Occupancy: N/A
Subdivision: New Sudbury - S103
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Suggested Listings (1)

TERRY ZUK, RE/MAX Crown Realty (1989) Inc
MLS® #: 2064159

$3,995,000 Listing price move is UP

1260 KELLY LAKE RD, Sudbury, ON, P3E 5P4

N/A sqft|Industrial
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RE/MAX SUDBURY INC.

Sudbury, ON

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(705) 618-2378

PH: (705) 618-2378
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