#5220 - 5226 Greenlane Road , Lincoln, ON L0R 1B3
Lincoln, ON L0R 1B3
Description
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.
Details
| MLS# | X9512727 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 180 |
| Listing Provided By | ROYAL LEPAGE TERREQUITY REALTY | X9512727 045701 |
Features
| SQ Feet | 210,394 |
|---|---|
| Acreage | 4.83 |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | Lincoln |
| Postal Code | L0R 1B3 |
| Area | 981 Lincoln Lake |
| Listing VS Median (In L0R 1B3) | |
Price: $1,820,000 low | high Med: $1,820,000 SqFt: 210,394 low | high Med: 210,394 $ / SqFt: $9 low | high Med: $9 On site: 180 low | high Med: 180.000000 | |