6737 Highway 20 N/A, West Lincoln, ON L0R 2A0
West Lincoln , L0R 2A0
$5,799,900.00
3 Bedrooms
2 Bathrooms
Residential Freehold
Property Details
| MLS Number | X13422530 |
| Property Type | Residential Freehold |
| City | West Lincoln |
| City Region | 057 - Smithville |
| Postal Code | L0R 2A0 |
| Cross Street | South Grimsby Rd 6 |
| Street Number | 6737 |
| Street Name | Highway 20 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Annual Tax | $6,784.07 |
| Sewer | Septic |
| Occupant Type | Owner |
Description
10-acre property inside the urban boundary, marked as commercial on the city block plan. The site includes a bungalow with 3 bedrooms, 2 bathrooms, a walkout basement, and kitchens on both levels. The home also features hardwood floors, a garage, and a carport. A 2,500 sq. ft. shop with a furnace provides heated workspace or storage. A cell tower lease is in place, starting June 1, 2023, for a five-year term with three additional five-year renewal options. Rent begins at $12,000 per year and increases with each extension. The property owner has the option to cancel the lease at each renewal, providing flexibility for future development while maintaining income until that time.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads