0 Eighth Line Active

Erin,ON N0B 1Z0

$ 3495000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID X8219122

Style Other

Annual Tax Amount $13,333

Tax Year 2023

Lot Size 50.000 Acres

Property Description

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

Location

Province ON

County Wellington

Rooms

Kitchen 0

Exterior

Waterfront No

Waterfront Description None

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