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:47421)
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Detailed Information
Bedrooms
2+1
Bathrooms
2
Community Features
High Traffic Area, Quiet Area
Listing Contract Date
2025-09-24
Location Description
SOUTH GRIMSBY RD 6
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Single Family
Transaction Type
For sale
Zoning Description
A
Building
Appliances
Dryer, Washer
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
2003
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Cistern
Rooms
Room
Level
Dimensions
Notes
Storage
Basement
12'5'' x 12'0''
Living room
Basement
12'7'' x 11'3''
Kitchen
Basement
12'6'' x 13'7''
Dining room
Basement
12'6'' x 15'2''
Cold room
Basement
13'6'' x 4'4''
Bedroom
Basement
12'7'' x 12'1''
3pc Bathroom
Basement
6'7'' x 7'7''
Sunroom
Main level
11'11'' x 9'8''
Living room
Main level
13'1'' x 15'6''
Kitchen
Main level
11'11'' x 13'6''
Other
Main level
11'6'' x 23'8''
Dining room
Main level
10'11'' x 14'8''
Bedroom
Main level
12'2'' x 12'9''
Bedroom
Main level
8'8'' x 10'4''
4pc Bathroom
Main level
11'6'' x 7'11''
Parking Spaces
Name
Spaces
Attached Garage
Land
Total Size
10.134 acres
Access Type
Road access
Acreage
Yes
Sewer
Septic System
Size of Irregular Land
10.134
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