Description

Listed by HOMELIFE/MIRACLE REALTY LTD

Prime 93+ acre agricultural investment property with 3 road frontages, including approximately 3,249 ft. of frontage on Downey Road. Ideally located at the northwest corner of Downey Road and Forestell Road, just off Highway 401 and Highway 6, and directly across from the City of Guelph. The property offers excellent long-term future development potential and is located on the edge of Guelph, making it an attractive land investment opportunity. Very close to all amenities The property features a livable house currently rented for approximately $725/month. Approximately 80+ acres of usable land are currently leased, providing holding income while benefiting from the property's future development potential.