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0 Eighth Line, Erin, ON, N0B 1Z0

MLS® # X8219106
Commercial For Sale In Erin, Ontario
$3,495,000
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
0 Eighth Line, Erin, ON
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0 Eighth Line, Erin, ON, N0B 1Z0
$3,495,000

Property Information:

Great Opportunity To Land Bank A Large Parcel Of Prime Agriculture Land And Have A Great Income Streams Attached To The Property. Property Has Lease With Largely Known Canadian Gravel & Cement Company. This Rare And Unique Offering Consist Of 78.84 Acres 73 Workable With 5.8 Acres of Ever Green Trees. Multiple Income Streams Are Attached To This Property. A Minimum Base Rent Until Extraction Commences Then Converts To Price Per Tonnage. Land Rent Paid By Farmer, A Tipping Fee Also As Material Is Brought Back To Property For Rehabilitation Purpose. Yearly Property Taxes Are Also Covered By Tenant

Lease Commenced In 2023 and Runs Until 2044. This Property Is Currently Attached To A Former Gravel Quarry And Extraction Approvals are Currently In Place. Rehabilitation Is Mandatory And Company Has A History Of Completing Past Sites

Property Features:

  • Annual Tax Amount: $1,333
  • Lot Depth: 0 Feet
  • Lot Frontage: 0 Feet
  • Occupancy: Vacant
  • Sewers: None
  • Utilities: No
  • Water: None

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 0 Eighth Line, Erin, ON, N0B 1Z0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 0 Eighth Line , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 0 Eighth Line , experiences 11 significant 2-day storms per year, with about 313.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 386.9mm of precipitation per year.

Precipitation Per Storm

Past
313.1mm
2050
386.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 0 Eighth Line, Erin, ON, N0B 1Z0

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$144,607.93

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.1 %

High school certificate or equivalent

28.22 %

Apprenticeship trade certificate/diploma

11.34 %

College/non-university certificate

22.6 %

University certificate (below bachelor)

1.5 %

University Degree

16.24 %

Commuter

Travel To Work

By Car

96.41 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

3.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.88 %

Houses

98.12 %

Own Vs. Rent

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