0 Eighth Line
Rural Erin, Erin
$3,495,000
Buy with Dwelly and Save $34,950
Home Details
Buy with Dwelly and save $34,950 refund
Refunds vary by sale price, market and are subject to a minimum commission. Please get in touch and read the Refund Terms and Conditions to learn more.
Listing Description
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
Neighborhood: Rural Erin
Property History
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 0 Eighth Line is 18341
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $3495000 |
| Down Payment | $699000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2796000 |
Monthly Payment
| Mortgage Payment | $17230 |
| Property Taxes | $1111 |
| Maintenance Fees | $0 |
| Monthly Payment | $18341 |
About 0 Eighth Line, Erin
Located at 0 Eighth Line , this Erin house is available for sale. This property was listed for $3,495,000 on Wed Apr 10 2024. This house's size is 0.00 x 0.00 Acres. It has bedrooms and 0 bathrooms. The property includes the following rooms: . 0 Eighth Line, Erin is situated in the Rural Erin neighbourhood.
MLS#: X8219122 · $3,495,000 · bedroom house in Rural Erin, Erin