$1,399,900
505 BENNETT ROAD
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Grenville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Here is an investment opportunity for future aggregate supply. This 50-acre property includes over 40 acres zoned for Mineral Aggregate and past test holes suggest high quality concrete grade sand. Whether purchasing as an investment or for immediate use, the property has recently reduced price by $500,000 and creates an attractive buy. The separately owned land on the east side is already a permitted mineral Aggregate extraction pit, lending to an obvious president for a pit permit approval on this land too. On the west side is also mineral aggregate land expected to also be a future pit. Ministry letters on file confirm no wetlands zoning remain on the land. Note there is an unused Bell easement near the roadside end of the property that is not expected to be utilized and poles and lines already run adjacent to Bennett Rd. Currently the seller leases the land to a local farmer for seasonal crops. This is renewed annually. There is an existing culvert and access to the land, presently used by the leaseholder. Sand and gravel continue to be in demand throughout Eastern Ontario. Being zoned Mineral Aggregate provides a positive start for a successful future. (id:65958)
- Subtype
- Vacant Land
- Community
- 802 - North Grenville Twp (Kemptville East)
- Lot dimensions
- 636 x 3428 FT ; 0
- Parking
- 0 total
- On market
- Apr 3, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $649
- Zoning
- Mineral Aggregate
- Photos
- 6
- MLS#
- X12955970
- Area
- NORTH_GRENVILLE
Features and systems
Basement
Heating
Cooling
Utilities
Cash on cash
-6.41%
Cap rate
3.58%
GRM
16.7
Break-even rent
$8,575
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.