Queensville Investment Land
A prime corner farm on the edge of Queensville in the study area for a proposed major transportation project! This 40-acre useable farm property has a commanding location at the corner of Leslie Street and Holborn Road. This high visibility property has extensive frontage on Holborn Road (2328 ft) in addition to 735 ft of frontage on Leslie Street.
Potential Rental Income
The property has a solid 4-bedroom, 3 bathroom home with steady house rental income in addition to farmland rental income. Due to the tenant farmer crop arrangement, the property can qualify for low taxes due to the Farm Class Tax Rate program.
The Nearby Queensville Urban Planning Area
The property is on the edge of the Queensville Settlement Area Boundary and is just west of Highway 404. Over the next decade, Queensville is expected to grow significantly in terms of new residents and new jobs. The community of Queensville is expected to reach over 30,000 residents and the areas adjacent to Highway 404 are expected to attract 12,000 jobs to the area.
The Proposed Connector Road Joining Highways 404 & 400 through the Area
According to the Town of East Gwillimbury website:
“The Highway 400–404 Connecting Link is a proposed 16.2 kilometre, four-lane controlled access highway that will provide an east-west connection between Highway 400 in Bradford West Gwillimbury and Highway 404 in the Town of East Gwillimbury. The Highway 400–404 Connecting Link is intended to alleviate congestion on east-west corridors across the Holland Marsh and to provide an alternative path from eastern Toronto and eastern Greater Toronto Area to Barrie and the rest of the Simcoe area. The Connecting Link would provide a key link between the Simcoe Area and York Region and would aid in economic development of the Simcoe Area and York Region. There would be proposed interchanges for the Connecting Link from Bathurst Street, Leslie Street and Yonge Street.”
According to existing mapping, the Highway 400-404 connector project may create a highway interchange near the property and the connector road may cross or come in close proximity to this property which may dramatically enhance real estate valuations in the immediate area.
Project Milestones and Dates:
- Notice of Study Commencement: September 2020
- Public Information Centre: Notice of upcoming PICs will be provided on the Project Website at least 30 days prior to the meeting
- Preliminary Design Anticipated Completion: Early 2023
Now is your chance to make an investment in the growth prospects of York Region! Contact John Dunlap, Moffat Dunlap Real Estate about this exclusive offering.
The Listing Agent is relying on information supplied to him by the Vendor and other sources.
The Listing Broker accepts no responsibility for the accuracy of this fact sheet.