6737 Highway 20, Smithville, Ontario

$6,800,000

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3

Beds

2

Baths

1,932

Square feet

10.13

Acres

About 6737 Highway 20

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:6289)

Features of 6737 Highway 20

Listing # 40770870
Price $6,800,000
Bedrooms 3
Bathrooms 2.00
Square Footage 1,932
Acres 10.13
Year Built 2003
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 6737 Highway 20
Subdivision 057 - Smithville
City Smithville
Province Ontario
Postal Code L0R2A0

Amenities

Parking Spaces 10
Parking Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Washer
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes

Exterior

Exterior Vinyl siding
Foundation Poured Concrete

Listing Details

OfficeRe/Max Twin City Realty Inc.

Listing Map

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