$3,495,000
0 Eighth Line Erin, ON N0B 1Z0
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$3,495,000
Est. payment /mo
78 SqFt
Active
0 Eighth Line Erin, ON N0B 1Z0
UPDATED:
05/03/2024 05:31 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 78 sqft
Price per Sqft $44,807
MLS Listing ID X8219106
Annual Tax Amount $13,333
Tax Year 2023
Property Description
Great Opportunity To Land Bank A Large Parcel Of Prime Agriculture Land And Have A Great Income Streams Attached To The Property. Property Has Lease With Largely Known Canadian Gravel & Cement Company. This Rare And Unique Offering Consist Of 78.84 Acres 73 Workable With 5.8 Acres of Ever Green Trees. Multiple Income Streams Are Attached To This Property. A Minimum Base Rent Until Extraction Commences Then Converts To Price Per Tonnage. Land Rent Paid By Farmer, A Tipping Fee Also As Material Is Brought Back To Property For Rehabilitation Purpose. Yearly Property Taxes Are Also Covered By Tenant
Location
State ON
County Wellington
Area Rural Erin
Exterior
Utilities Available None
Listed by ROYAL LEPAGE RCR REALTY
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