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Property at 5220 - 5226 GREENLANE ROAD image 1
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$1,820,000

5220 - 5226 GREENLANE ROAD
Lincoln, Ontario, Ontario, L0R1B3

MLS® Number: X12089894
Listed 7 days ago
3 2

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.

Building information

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Land information

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Courtesy of ROYAL LEPAGE TERREQUITY REALTY

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