CAONOxford Mills399 Jig St
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399 Jig St, Oxford Mills, ON

Real Estate

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MLS® X12345027

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $5,804
Approx. Age 
MLS® Number X12345027

Property Address: 399 Jig St, Oxford Mills, ON, K0G1S0

Average square foot calculated using Size range provided by listing agent.

Description

399 Jig St - Commercial Comments: Turnkey Rural Residential Investment 5-Year Leaseback at $3, 000/MonthOffered at $650, 000, this 47.5-acre property in rural North Grenville combines the stability of a long-term tenant with the upside of owning a large parcel of forested land minutes from town. The Seller will sign a 5-year lease at $3, 000/month (triple-net: tenant pays all utilities and maintenance), providing a secure annual income of $36, 000 and a projected 5.54% cap rate from day one. The property features a well-maintained 3+1 bedroom bungalow with hardwood floors, 2 full baths (including ensuite), main-floor laundry, a fully finished basement, oversized heated garage/workshop, and multiple outbuildings. The 47.5 acres are mostly forested, offering long-term potential for recreation, harvesting, or development (subject to approvals). Highlights: Stable 5-Year Lease with established occupant (the current owner). Triple-Net Terms tenant pays utilities & maintenance $36, 000 Annual Income, giving immediate cash flow and creating a Well-Maintained Asset with minimal management required. Large Land Holding in the growing North Grenville area. This is a rare opportunity to acquire a low-maintenance, income-producing rural property with a reliable tenant already in placeideal for investors seeking steady returns with strong asset security.Show Description
MLS® NumberX12345027
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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Price History

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  • Commute

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Starting Address
Destination Address
399 Jig St, Oxford Mills, ON

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