Lot 4 Spring Creek Road, West Lincoln, Ontario L0R 2A0

Listed for:
$1,130,000
0 beds
0 baths
Listed 178 days ago
Lot 4 Spring Creek Road, West Lincoln, Ontario L0R 2A0

View all 2 photos

Learn more about this property
Listing provided by:
SUTTON GROUP-ADMIRAL REALTY INC.
MLS® number:
X7316300
Agent:
Ian B. Maged
*Indicates required field
Name is required
Email is required

About

Fabulous investment opportunity with great future! This ca. 58 acres parcel Located in Smithville, a\ntownship with great expansion and development, there are numerous possibilities for a future very\nlucrative redevelopment! Current Zoning agricultural. This parcel of 57.89 acres is located across\nfrom 127 acres lot out of which 40 acres included in the Urban Boundary expansion study!\nThis is a Vacant land with 22 acres of farmland and remaining part are bushes. The 22 tillable acres\nwere rented to a farmer for cash crop years ago. Could be rented again potentially for organic cash\ncrop. The Lands located north of the Hydro Corridor are proposed to be used as employment land.\nMany uses possible in the future.\nBuyer may consider buying this parcel with 6060 Young Street PIN 460490023\nBuyers must do their own due diligence to ascertain future use possibilities and any information\nthey rely on. **** EXTRAS **** 22 acres of farmland (remaining part bushes. The 22 tillable acres were rented to a farmer for cash\ncrop years ago. Currently no utilities).Land can be rented again for cash crop potentially organic\nwhile working on potential redevelopment. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Here is a fantastic investment opportunity with tremendous potential for the future! This approximately 58-acre parcel is situated in Smithville, a township that is experiencing significant expansion and development. With the current zoning being agricultural, there are numerous possibilities for a highly profitable redevelopment in the future.

This parcel of 57.89 acres is positioned across from a 127-acre lot, 40 acres of which are included in the Urban Boundary expansion study. The vacant land consists of 22 acres of farmland, with the remaining portion being bushes. The 22 tillable acres were previously rented to a farmer for cash crop cultivation, and there is potential for them to be rented again, possibly for organic cash crop production.

The land, located north of the Hydro Corridor, is proposed to be utilized as employment land, offering a wide range of potential uses in the future. Buyers should conduct their own due diligence to determine future use possibilities and any information they rely on.

Additional features of this property include a land size of 1385.93 x 1849.3 FT, situated on Lot 4 Spring Creek Rd in the city of West Lincoln, Ontario, with a postal code of L0R2A0. This property is currently for sale and presents an excellent opportunity for investment and development.