For Sale

95 Shay Road, Huntsville, Ontario P1H 1L2

$0

95 Shay Road, Huntsville, Ontario P1H 1L2 is For Sale and has a listing price of 4,995,000. The property is located in the Huntsville neighbourhood . It's been on the website for 18 Days.

  • Vacant Land
    Property Type
  • MLS ID: X12377596
  • Office Name Corcoran Horizon Realty
Property Description

95 Shay Road, Huntsville, Ontario. Residential Development Opportunity. This prime 18.8-acre parcel is located just a 10-minute walk from downtown Huntsville and offers a fully conceptualized plan for 195 residential units. The design includes 150 apartment units across two 4-story buildings with ground level garage parking and 45 two-story townhomes in 9 blocks. The site’s elevated position will provide views over the town while offering convenient access to boutique shopping, dining, cultural amenities, resorts, skiing, and boating on Huntsville’s 4 lake chain. Zoned R4, the property is well positioned for mid-density residential development with the potential for greater density if desired. A full set of supporting reports and studies have been completed, including planning justification, survey, environmental, archaeological, architectural, engineering, traffic, storm water, and landscape design. Calculated at $24,000 per apartment unit plus $31,000 per townhome unit, this development is well below other local pricing. Vendor Take Back financing is available on favorable terms, and joint venture opportunities may be considered depending on the exit strategy. Huntsville is Muskoka’s largest and fastest-growing community, with strong demand for housing from permanent residents, seasonal buyers and renters. Shay Rd offers an excellent MLI Select opportunity for long term investors. The market is supported by steady population growth, tourism activity, government incentives for green development, and limited supply of high-quality mid-density housing. This site represents an exceptional opportunity for developers and investors to capitalize on one of Ontarios most desirable real estate markets.

Property Details
  • MLS ID: X12377596
  • Price: $4,995,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12377596
  • Year Built: N/A
  • Dir / Cross St: Chaffey & Herman Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
09/03/2025 X12377593 $4,995,000 For Sale - -
09/03/2025 X12377596 $4,995,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Huntsville
  • $968,965 Average List Price
    based on 1 year
  • 275 New Listings
    based on 30 days
  • 82 Median Days on Market
    based on 1 year
  • List vs. Selling Price 180.2 % Up
  • Sold (12mo) 339
  • Rented (12mo) 42

  • 1 Month Change +26.1%
  • 3 Month Change -17.1%
  • 6 Month Change -30.4%
Walkscore
  • 61 Walk Score
    Somewhat Walkable
  • 29 Bike Score
    Somewhat Bikeable
Additional Details
  • Kitchen Y
  • Taxes: $1,087
  • Last Status New
  • Original Price: $4,995,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30 days
  • Listing Entry Date: 03/09/2025 16:08:02
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