Size
-
Lot size
6.20 Acres
Street frontage
-
Possession
2025-05-01
Price per sqft
$910 - $1,213
Taxes
$5,403.28 (2024)
Parking Type
-
Style
Bungalow
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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.
Broker: ROYAL LEPAGE TERREQUITY REALTY
MLS®#: X12089894
Property details
Parking:
8
Parking type:
-
Property type:
Detached
Heating type:
Heat Pump
Style:
Bungalow
MLS Size:
1500-2000 sqft
Lot front:
498 Ft
Lot depth:
541 Ft
Listed on:
Apr 17, 2025
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Instant estimate:
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$92,583
lower than listed pricei
High
$1,801,705
Mid
$1,727,417
Low
$1,667,235