Price
$3,300,000
BedroomsNot listed
BathroomsNot listed
Size98 sqft
Year BuiltNew
Property TypeCommercial
Property Taxes$450
Maintenance FeesNot listed
Introducing a prime investment opportunity: 98 acres of A1 zoned land featuring a brand-new 50x300 ft building purpose-built for cannabis cultivation and processing or easily adaptable for a banquet hall and other uses the zoning allows. Additionally, there's 7,000 sq. ft. of approved space for expansion, and the property is completed with a 3,000 sq. ft. wrap-around mezzanine. The infrastructure is top-notch, with 3-phase power, a 500 KVA transformer, 4 restrooms, septic system, and a water tank all ready to support your business. Access is convenient with two gated entrances and long driveways on either end of the property. Located just 15 minutes from Peterborough and one hour from Markham/Toronto, this property offers easy access while still providing the tranquility of nearby lakes. This is a rare opportunity to acquire versatile, fully equipped land with enormous potential for income and growth. Perfect for entrepreneurs looking to establish a strong foothold in a booming industry or for those seeking a unique event space. Don't miss out on this incredible investment!
Total Monthly Payment
$11,893 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,640,000
Total Interest Payments
$1,627,721
Total Payment (Principal + Interest)
$4,267,721
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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