6737 HIGHWAY 20 Active

Smithville,ON L0R2A0

$ 6800000

3 Beds

2 Baths

1932 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,932 sqft

Price per Sqft $3,519

Subdivision 057 - Smithville

MLS Listing ID 40770870

Style Bungalow

Bedrooms 3

Year Built 2003

Lot Size 10.134 Acres

Property Sub-Type Freehold

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:24570)

Location

Province ON

Rooms

Kitchen 2.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features High Traffic Area,Quiet Area

View Y/N No

Building

Story 1

Sewer Septic System

Others

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