63 Leggets Road, Armour (Katrine), Ontario

$1,495,000

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57

Square feet

57.80

Acres

About 63 Leggets Road

RARE CLASS A - CATEGORY 3 LICENSED SAND PIT in the Township of Armour, offering approximately 60 acres in a strategic location with convenient access to the Exit #252 Highway 11 corridor and the Burk's Falls/Almaguin market. An increasingly difficult type of property to reproduce, considering the professional studies, regulatory approvals, public consultation, time and expense associated with establishing a new Class A aggregate operation. The existing licence and approved site plan provide a significant advantage for an aggregate, excavation, construction or infrastructure operator.Original professional hydrogeological investigation included a water-well survey, geological review and five test pits across the licensed property. Test pits extended approximately 17-18 feet and documented predominantly fine and silty sand, with some fine-to-medium sand. All five were dry upon completion and no bedrock was reported in the test-pit logs. Letter Of Opinion A large percentage of the extraction area has already been cleared of original-growth trees, with portions previously stripped, significantly reducing the initial clearing and site-preparation work required before extraction. Operational/table land is retained near the Leggett Road entrance, providing useful working area for a future operation.The material has historically been utilized primarily for backfill, septic mantling and general fill applications. An exceptional opportunity to acquire an established Class A licensed aggregate property rather than undertake the considerable cost, time and uncertainty involved in attempting to license a new site. Buyer to complete their own due diligence regarding aggregate quantity, quality, licensing, permitted extraction and intended use. (id:6289)

Features of 63 Leggets Road

Listing # X13870456
Price $1,495,000
Square Footage 57
Acres 57.80
Type Vacant Land

Community Information

Address 63 Leggets Road
Subdivision Katrine
City Armour (Katrine)
Province Ontario
Postal Code P0A1L0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 57.8

Listing Details

OfficeForest Hill Real Estate Inc.

Listing Map

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