Eighth Line, Erin, Ontario N0B1Z0 is For Sale and has a listing price of 3,495,000. The property is located in the Erin neighbourhood. It's been on the website for 127 Days.
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 (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 04/10/2024 | X8219122 | $3,495,000 | For Sale | - | - |
| 04/10/2024 | X8219106 | $3,495,000 | For Sale | - | - |
