6737 HIGHWAY 20
West Lincoln (Smithville), Ontario
MLS® X13422520
$5,799,900
- Status
- Active
- Property type
- Vacant land
- MLS® number
- X13422520
- Bedrooms
- —
- Bathrooms
- 1
- Year built
- —
1 / 47Listing description
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.
Property summary
- MLS® number
- X13422520
- Property type
- Vacant Land
- Square footage
- 1,002 sq ft
- Land size
- 10.13 acres
- Annual property taxes
- $6,784.07
- Parking
- 10 spaces
- Days on market
- 116 days
What would this home cost you?
Based on the $5,799,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of NORTH 2 SOUTH REALTY, VAUGHAN.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.