0 Eighth Line Active

Erin,ON N0B 1Z0

$ 3495000

- Bed

- Bath

78 SqFt


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

Province ON

County Wellington

Area Rural Erin

Exterior

Utilities Available None

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