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
Address |
0 Eighth Line |
List Price |
$3,495,000 |
Property Type |
Free |
Type of Dwelling |
Vacant Land |
Style of Home |
Other |
Area |
Erin |
Sub-Area |
Rural Erin |
MLS® Number |
X8219122 |
Listing Brokerage |
ROYAL LEPAGE RCR REALTY
|
Postal Code |
N0B 1Z0 |
Tax Amount |
$13,333 |
Tax Year |
2023 |