ON
Smithville
L0R2A0
6737 HIGHWAY 20
6737 HIGHWAY 20, Smithville, ON L0R2A0
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Listing Type
Single Family
Listing Status
Active
47
$5,799,900

Home Details for 6737 HIGHWAY 20

Price
$5,799,900
Type
Residential
Bedrooms
3
Total Bathrooms
2
Year built
2003
Lot size acres
10.134
Days on site
114
Listing #
40770870
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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
  • Garage
    • 1
  • Parking
    • Attached
Listing Courtesy: Re/Max Twin City Realty Inc.
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EXIT REALTY MATRIX, BROKERAGE
785 Notre Dame, PO BOX 1345 , Embrun, ON K0A 1W0
Nicolas Sigounis
License #: 6002787
Sales Representative
Office
613 443 4300
Agent
613 859 9331
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