6737 Highway 20, Smithville, Ontario, Canada, L0R2A0

5,799,900
for Sale
2 + 1
2
1,002.95

About the property:

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.

Extra info:

Dryer,Washer
Bungalow Bungalow
Property Type:
Bungalow
Status:
for Sale
House Style:
Bungalow
Bedrooms:
2 + 1
Bathrooms:
2
Land Size:
10.134|10-24.99 acres
Central A/C:
Yes
Water:
Cistern
Garage/Parking Type:
Attached Garage
Parking Places:
10
Heating Type:
Forced Air,Natural Gas
Exterior:
Vinyl Siding
Basement:
Full, Finished
Annual Property Taxes:
6,784.07
Listing ID:
40770870

Rooms

Dimensions

Brokered by:
RE/MAX Twin City Realty Inc.
Source: CREA
Presented By:

Amy Sheffar

Sales Representative

RE/MAX Twin City Realty Inc., Brokerage *