63 Leggets Road, Armour

$1,495,000
63 Leggets Road

$1,495,000

New
16d
Land

63 Leggets Road, Armour

Total Monthly Obligation $6,531

Beds
0
Baths
0
Park
0
DOM
16d
Property Type-Land
MLS® Number-X13870456
Beds-0
Lot Size-676.8 × 398.1 ft
Listed on site-Oct 7, 2026
Building Type-Land
Taxes-$1,504.56 (2026)
Brokerage-Forest Hill Real Estate Inc.
Fireplace-No
Pool-None
Sewer-None
Possession-Flexible
Neighbourhood-Katrine
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$1,196,000
Land Transfer Taxes$26,375
Legal Fees (Est.)
$
Total cash required for closing$326,875

Total Monthly Obligation

$6,531/mo
Mortgage $6,030
Monthly Loss $4,944
Principal$1,587
Interest$4,444
Property Tax$125
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 63 Leggets Road

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