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.
Details
MLS #
X13422520
Listing Type
For Sale
Sub-Type
Resale
Status
Extension
Year
0
Days On Site
119
Listing Provided By
NORTH 2 SOUTH REALTY | X13422520 428700
Features
Bath(s)
1
SQ Feet
1,002
Acreage
0.02
Utilities
Utilities
Yes
Sewer
Septic
Taxes
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
Area Information
Province
ON
County
Niagara
City
West Lincoln
Postal Code
L0R 2A0
Area
057 Smithville
Listing VS Median (in L0R 2A0)
Price: $5,799,900
low | high
Med: $779,900
100% of Average
sqft: 1,002
low | high
Med: 2,613,600
100% of Average
$ / sqft: $5,788
low | high
Med: $0
100% of Average
On site: 119
low | high
Med: 88
100% of Average
Sourced by Back At You
MLS Number: X13422520
X13422520 428700
NORTH 2 SOUTH REALTY
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