6737 HIGHWAY 20, Smithville, Ontario L0R2A0
Listing courtesy of Re/Max Twin City Realty Inc..
- $5,799,900
- 3
- BD
- 2
- BA
- 1,932
- SqFt
- List Price
- $5,799,900
- Price Change
- ▼ $1,000,100 1772666866
- MLS®
- 40770870
- Days on Market
- 309
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,932
- Lot Size Dimensions
- 10.134
- Lot Size
- 441,437
- Subdivision
- 057 - Smithville
Property 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. (id:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 057 - Smithville
- Parking Spaces
- 10
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Septic System
- Community Features
- Quiet Area, High Traffic Area
- Heating
- Forced air, Natural gas
- Architectural Style
- Bungalow
- Stories
- 1
- Lot Size
- 441,437
