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$ 1,820,000
Est. payment /mo
Pending
5226 Greenlane RD #5220 Lincoln, ON L0R 1B3
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 982 - Beamsville
MLS Listing ID X12089894
Style Bungalow
Bedrooms 3
Annual Tax Amount $5,403
Tax Year 2024
Property Sub-Type Detached
Property 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. there are two charming detached homes - a 1,706 SQFT residence built in 1968 and a fully 1,388 SQFT home. Enjoy the heated, inground pool during summer days. Greenhouse perfect for horticultural/agricultural projects. 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.
Location
Province ON
County Niagara
Community 982 - Beamsville
Area Niagara
Rooms
Family Room Yes
Basement None
Kitchen 1
Interior
Interior Features Auto Garage Door Remote
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 2.0
Pool Inground
Roof Type Shingles
Lot Frontage 498.3
Lot Depth 541.75
Total Parking Spaces 8
Building
Foundation Unknown
Listed by ROYAL LEPAGE TERREQUITY REALTY