Added 2 weeks ago
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Type: Vacant Land
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Style: Other
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Lot Size: 0 x 0 Acres
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Age: No Data
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Taxes: $13,333 per year
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Added: Apr 10, 2024 (2 weeks ago)
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Updated:
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Last Checked: 48 minutes ago
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MLS®#: X8219122
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Listed By: Royal lepage rcr realty
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
Extras
Lease Commenced In 2023 and Runs Until 2044. This Property Is Currently Attached To A Former Gravel Quarry And Extraction Possibly Starting In The Next Year. Rehabilitation Is Mandatory And Company Has A History Of Completing Past Sites
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
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Property
Status: Sale
Property Type: Vacant Land
Style: Other
Area: Erin
Community: Rural Erin
Availability Date: TBA
Utilities
Electricity: No
Gas: No
Cable: No
Telephone: No
Building
Energy Certificate: N
Water Supply: None
Special Designation: Unknown
Fees
Tax Year: 2023
Tax Legal Description: Pt L30 C8 Erin As In R0676309 Except 14 Pt 1 61R445
Taxes: $13,333
Land
Cross Street: Erin Garafraxa Townl
Municipality District: Erin
Fronting On: South
Parcel of Tied Land: N
Sewer: None
Lot Irregularities: 78.84 Acres
Acres: 50-99.99
Zoning: A1 Prime Agricul
Waterfront: None
Car-Dependent
- Almost all errands require a car.
Somewhat Bikeable
- Almost all errands require a car.
Alton Public School
Elementary: PublicRoss R MacKay Public School
Elementary: PublicBelfountain Public School
Elementary: PublicSt John Brebeuf Catholic School
Elementary: CatholicErin Public School
Elementary: PublicBrisbane Public School
Elementary: PublicDufferin Centre for Continuing Education
Secondary: PublicActon District High School
Secondary: PublicErin District High School
Secondary: PublicWestside Secondary School
Secondary: PublicOrangeville District Secondary School
Secondary: PublicGeorgetown District High School
Secondary: Public-
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