$3,875,000
Available - For Sale
Listing ID: X6036800
5680 Wellington Road 23 N/A , Erin, N0B 1T0, Ontario
| Excellent Investment Opportunity Super Close To Downtown Erin On A Quiet Paved Road. ~50 Arable Acres Leased Year To Year For $150/Acre. Main Bungalow Was Gutted To The Studs ~ 8 Years Ago & Has 2 Self Contained 2 Bedroom Units With Month To Month Tenants Who Wish To Stay ($3,100/Month) For A Total Annual Income Of $44,600. A New Septic Was Installed By Chard ~ 5 Years Ago. The Workshop Was Reclad, Spray Foam Insulated & Converted To Elegant Living Space In 2013. The Main Level Offers Soaring 10 Foot Ceilings, Engineered Hardwood Or Ceramic Floors, & A Spacious Den/Home Office With Convenient Separate Entrance. The Open Concept Kitchen Offers Abundant Cabinetry, Backsplash, Island & Granite Counters & The Dining Room Has A Walk Out To The 14' X 30' Bbq Deck. All Trim And Doors Are Poplar. There Is Also A 2-Car Garage With Storage Loft. Land Is Primary Agricultural & Not Eligible For Severance Under Current Provincial Regulations. |
| Price | $3,875,000 |
| Taxes: | $5509.85 |
| Tax Type: | Annual |
| Assessment: | $998000 |
| Assessment Year: | 2022 |
| Occupancy by: | Own+Ten |
| Address: | 5680 Wellington Road 23 N/A , Erin, N0B 1T0, Ontario |
| Postal Code: | N0B 1T0 |
| Province/State: | Ontario |
| Legal Description: | Pt Lt 20, Con 9, Erin As In Ros269762 To |
| Lot Size: | 75.00 x 75.00 (Acres) |
| Directions/Cross Streets: | Between 17 & 22 |
| Category: | Agricultural |
| Use: | Cash Crop |
| Building Percentage: | Y |
| Total Area: | 2565.00 |
| Total Area Code: | Sq Ft |
| Approximatly Age: | 6-15 |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Washrooms: | 0 |
| Outside Storage: | N |
| Heat Type: | Propane Gas |
| Central Air Conditioning: | Y |
| Sewers: | Septic |
| Water: | Well |
| Water Supply Types: | Drilled Well |
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| ROYAL LEPAGE RCR REALTY, BROKERAGE |
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At a Glance:
| Type: | Com - Farm |
| Area: | Wellington |
| Municipality: | Erin |
| Neighbourhood: | Rural Erin |
| Lot Size: | 75.00 x 75.00(Acres) |
| Approximate Age: | 6-15 |
| Tax: | $5,509.85 |
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