X8219122 | 0 Eighth Line

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0 Eighth Line
Erin ON , N0B 1Z0 , CAN

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Drew Elliott

Sales Representative

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Royal LePage RCR Realty

Brokerage:

14 - 75 FIRST STREET

Orangeville, ON
L9W2E7

Phone: 519.941.5151

Fax: 519.941.5432

Company Website

$3,495,000.00

MLS® X8219122

Vacant Land

Annual Tax Amount:	$13,333.00
Lot Frontage:	0 Feet
Lot Depth:	0 Feet

Remarks:

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

Lease Commenced In 2023 and Runs Until 2044. This Property Is Currently Attached To A Former Gravel Quarry And Extraction Possibly Starting In The Next Year. Rehabilitation Is Mandatory And Company Has A History Of Completing Past Sites

Property Features:

Acreage: 50-99.99
Utilities-Municipal Water: No
Fronting On (NSEW): S
Utilities-Hydro: No
Occupancy: Vacant
Sewers: None
Style: Other
Utilities-Cable: No
Utilities-Sewers: No
Utilities-Telephone: No
Water: None

Building Features:

Utilities-Gas: No

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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