#5220 - 5226 Greenlane Road, Lincoln, ON L0R 1B3

Lincoln L0R 1B3 Ontario

MLS: X9512727

$1,820,000

Added 1 day ago | For Sale

Listed by: ROYAL LEPAGE TERREQUITY REALTY

About Property

Welcome to 5220-5226 Greenlane, a stunning 4.8-acre property strategically positioned between Grimsby and Beamsville, near the escarpment and Lake Ontario. This prime location, close to the QEW and with over 400 feet of frontage on Greenlane Rd, offers immense potential. The property features a vast greenhouse facility with nearly 44,500 square feet of space, perfect for horticultural/agricultural projects. The facility includes a cooler, three heated garages accommodating four vehicles, and a workshop. Also, there are two charming detached homes - a 1,706 SQFT residence built in 1968 and a fully renovated 1,388 SQFT home from 1967. Enjoy the heated, inground pool during summer days. This is an exceptional opportunity for entrepreneurs to run a business on-site or for investors to hold until the land can be developed. In the meantime, the property can generate income by renting the homes, greenhouse, and land, which could potentially grow apples, peaches, plums, wine grapes, or other produce. The property has municipal water, natural gas, and is on a septic system. Beamsville, a rapidly expanding town, connects with Grimsby through Greenlane, bringing great traffic for a business. Plus, Metrolinx plans to develop a GO station within walking distance in a few years, making it ideal for Toronto commuters. The possibilities are endless! All information to be verified by the buyer or the buyer's agent.

Features

  • House Style:Farm
  • Bathrooms:
  • Land Size: 498.3 X 0
  • Water:Municipal
  • Garage Spaces: /Other
  • Driveway:
  • Heating Fuel:
  • Cross Street:Greenlane & Lincoln Ave
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $5085
  • Bedrooms:
  • Total Parking Spaces:24
  • Parking Places:24
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X9512727

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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