6737 HIGHWAY 20, Smithville, ON L0R2A0
6737 HIGHWAY 20, Smithville, ON L0R2A0
6737 HIGHWAY 20, Smithville, ON L0R2A0
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Alina Corjan

Alina Corjan

+1(647) 834-5717
$5,799,900
Est. payment /mo
1,002 SqFt
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Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1002

Square Footage 1,002 sqft

Price per Sqft $5,788

Subdivision 057 - Smithville

MLS® Listing ID 40771073

Year Built 2003

Lot Size 10.134 Acres

Acres 10.134

Property Sub-Type Freehold

Property 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. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 1

Sewer Septic System

Others

Ownership Freehold

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Listed by Re/Max Twin City Realty Inc.

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Alina Corjan

Alina Corjan

+1(647) 834-5717

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