Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$3,495,000
Available - For Sale
Listing ID: X8219106
0 Eighth Line , Erin, N0B 1Z0, Ontario
| 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 Approvals are Currently In Place. Rehabilitation Is Mandatory And Company Has A History Of Completing Past Sites |
| Price | $3,495,000 |
| Taxes: | $13333.00 |
| Tax Type: | Annual |
| Occupancy by: | Vacant |
| Address: | 0 Eighth Line , Erin, N0B 1Z0, Ontario |
| Postal Code: | N0B 1Z0 |
| Province/State: | Ontario |
| Legal Description: | Pt L30 C8 Erin As In R0676309 Except 14 |
| Directions/Cross Streets: | Erin Garafraxa Townline |
| Category: | Raw (Outside Official Plan) |
| Use: | Gravel Pit/Quarry |
| Total Area: | 78.87 |
| Total Area Code: | Acres |
| Sewers: | None |
| Water: | None |
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| ROYAL LEPAGE RCR REALTY |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Wellington |
| Municipality: | Erin |
| Neighbourhood: | Rural Erin |
| Tax: | $13,333 |
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