1864 Greenfield Road, Ayr

$2,700,000

4 Beds
2 Baths
0 Sqft
61 Acres
0 Garages

A very unique opportunity to make a solid investment and to own the farm you've dreamt of, but are not quite ready for. Intrigued? 1864 Greenfield Road has 2 tenancies in place. The house/equestrian tenant has use of the 4500 sq.ft. stone home, pastures, riding arena & barn on 9.06 acres. This lease runs to April 2023 with a 3 year renewal option. The remaining 52 acres is leased for aggregate extraction & runs to July 2029 with a 5 year renewal option. The land will be remediated back to pasture. Both leases maximized will cover in excess of the asking price. Working numbers will be provided, however, lease details, copies of agreements will only be provided with an accepted offer and a signed non-disclosure. The sophisticated buyer will appreciate what this magnificient stone home will be when renovated. The gracious room sizes provide grand space for family and entertaining. The stable barn and riding arena may provide an income stream or endless possibilities for the enthusiast. This property is going to be spectacular when returned to its grand state. (id:6289)

Essential Information
Listing #30769842
Price$2,700,000
Bedrooms4
Bathrooms2.00
Acres61.00
Year Built1855
TypeAgriculture
Sub-TypeFreehold
Style2 Level
Community Information
Address1864 Greenfield Road
Subdivision60 - Ayr
CityAyr
ProvinceOntario
Postal CodeN0B1E0
Amenities
Parking Spaces8
ParkingGravel, No Garage
Features

Paved driveway, Crushed stone driveway

Interior
HeatingOther
CoolingNone
# of Stories2
Has BasementYes
Exterior
ExteriorStone
FoundationStone
Office

ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE

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