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. (id:52316)
ROYAL LEPAGE TERREQUITY REALTY
$1,820,000
5220 - 5226 GREENLANE ROAD, Lincoln, Ontario
3 Bedrooms
2 Bathrooms
Property
MLS® Number: X12089894
Address: 5220 - 5226 GREENLANE ROAD
City: Lincoln
Style: Bungalow
Exterior: Brick
Utilities
Heating: Heat Pump, Natural Gas
Parking
Parking Spaces: 8
This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
Property Sale History
Travel and Neighbourhood
29/100Walk Score®
Car-Dependent
Wondering what your commute might look like? Get Directions
Location
