10-acre property inside the urban boundary, marked as commercial on the city block plan. The site includes a bungalow with 3 bedrooms, 2 bathrooms, a walkout basement, and kitchens on both levels. The home also features hardwood floors, a garage, and a carport. A 2,500 sq. ft. shop with a furnace provides heated workspace or storage. A cell tower lease is in place, starting June 1, 2023, for a five-year term with three additional five-year renewal options. Rent begins at $12,000 per year and increases with each extension. The property owner has the option to cancel the lease at each renewal, providing flexibility for future development while maintaining income until that time. (id:13843)
| MLS # | X13422520 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 89 |
| Listing Provided By | NORTH 2 SOUTH REALTY | DARRYL VAN SICKLE |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 1,002 |
| Zoning | A |
| Acreage | 10.13 |
| Parking Total | 10 |
|---|
| Tax Annual Amount | 6784.07 |
|---|
| Province | ON |
|---|---|
| City | West Lincoln (Smithville) |
| Postal Code | L0R2A0 |
| Listing VS Median (in L0R2A0) | |
Price: $5,799,900 low | high Med: $718,400 sqft: 1,002 low | high Med: 2,192 $ / sqft: $5,788 low | high Med: $328 On site: 89 low | high Med: 62.5 | |
| Province | ON |
|---|---|
| City | West Lincoln (Smithville) |
| Postal Code | L0R2A0 |
| Listing VS Median (in L0R2A0) | |
Price: $5,799,900 low | high Med: $718,400 sqft: 1,002 low | high Med: 2,192 $ / sqft: $5,788 low | high Med: $328 On site: 89 low | high Med: 62.5 | |