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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE RCR REALTY, BROKERAGE |
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Type: | Com - Farm |
Area: | Wellington |
Municipality: | Erin |
Neighbourhood: | Rural Erin |
Style: | |
Lot Size: | 75.00 x 75.00(Acres) |
Approximate Age: | 6-15 |
Tax: | $5,509.85 |
Maintenance Fee: | $0 |
Beds: | |
Baths: | 0 |
Garage: | 0 |
Fireplace: | |
Air Conditioning: | |
Pool: |