6737 Highway 20

West Lincoln, ONDetached
$5,799,900
MLS® X13422530
Detached3 beds2 baths11 total
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About This Property

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:63604)

Key Facts

Type
Detached
Beds
3
Baths
2
Size
700 sqft
Parking
11 total
Property Details 13 details
Bedrooms
3 bedrooms
2 above grade + 1 below grade
Bathrooms
2 bathrooms
Parking
11 parking spaces
Attached Garage · Garage
Living area
700 - 1,100 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Taxes
$6,784.07 (2,025)
Sewer
Septic System

Exterior features

Vinyl sidingPoured Concrete
Rooms 15 rooms
Level
Room
Dimensions
Main level
Sunroom
3.63 m x 2.95 m
Basement
Kitchen
3.81 m x 4.14 m
Basement
Dining room
3.81 m x 4.62 m
Main level
Living room
3.99 m x 4.72 m
Basement
Cold room
4.11 m x 1.32 m
Basement
Bedroom
3.84 m x 3.68 m
Basement
Bathroom
2.01 m x 2.31 m
Main level
Kitchen
3.63 m x 4.11 m
Main level
Other
3.51 m x 7.21 m
Main level
Dining room
3.33 m x 4.47 m
Main level
Bedroom
3.71 m x 3.89 m
Main level
Bedroom
2.64 m x 3.15 m
Main level
Bathroom
3.51 m x 2.41 m
Basement
Other
3.78 m x 3.66 m
Basement
Living room
3.84 m x 3.43 m
Mortgage & Affordability Estimate monthly costs
Purchase price$5,799,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Smithville
City
West Lincoln
Postal code
L0R 2A0
Nearby
South Grimsby Rd 6