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.
| MLS # | X13422520 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 76 |
| Listing Provided By | NORTH 2 SOUTH REALTY | X13422520 428700 |
| Bath(s) | 1 |
|---|---|
| SQ Feet | 1,002 |
| Acreage | 0.02 |
| Utilities | Yes |
|---|---|
| Sewer | Septic |
| Tax Annual Amount | 6784.07 |
|---|---|
| Tax Assessed Value | 419000 |
| Tax Type | Annual |
| Tax Legal Description | PT RDAL BTN CON 8 & CON 9 SOUTH GRIMSBY CLOSED BY RO771956; PT LT 11 CON 8 SOUTH GRIMSBY; PT N PT LT 11 CON 9 SOUTH GRIMSBY PT 1, 2 & 3 30R9485; WEST LINCOLN |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Niagara |
| City | West Lincoln |
| Postal Code | L0R 2A0 |
| Area | 057 Smithville |
| Listing VS Median (in L0R 2A0) | |
Price: $5,799,900 low | high Med: $889,900 sqft: 1,002 low | high Med: 1,343,172 $ / sqft: $5,788 low | high Med: $7 On site: 76 low | high Med: 91 | |
| Province | ON |
|---|---|
| Region | Niagara |
| City | West Lincoln |
| Postal Code | L0R 2A0 |
| Area | 057 Smithville |
| Listing VS Median (in L0R 2A0) | |
Price: $5,799,900 low | high Med: $889,900 sqft: 1,002 low | high Med: 1,343,172 $ / sqft: $5,788 low | high Med: $7 On site: 76 low | high Med: 91 | |