6737 Highway 20
Smithville, Niagara
10-acre property inside the urban boundary, marked as commercial on the city block plan. The site includes a bungalow with 3 bedrooms, 2 bathrooms, a walkout basement, and kitchens on both levels. The home also features hardwood floors, a garage, and a carport. A 2,500 sq. ft. shop with a furnace provides heated workspace or storage. A cell tower lease is in place, starting June 1, 2023, for a five-year term with three additional five-year renewal options. Rent begins at $12,000 per year and increases with each extension. The property owner has the option to cancel the lease at each renewal, providing flexibility for future development while maintaining income until that time.
AI value estimate
$5.66M
Range $4.98M – $6.34M · Good confidence
Modeled from recent comparable sales, list price, MLS attributes, and city-level price-per-sqft trends. Not an appraisal — for a precise value, request a complimentary review from our team.
* Estimates are AI-generated and not an appraisal. Commercial and rental properties are excluded because rental income and cap rates aren't verifiable from MLS data.
MLS® 40770870. Listing courtesy of Re/Max Twin City Realty Inc.. Data is refreshed daily. REALTOR®, MLS® and associated logos are trademarks of The Canadian Real Estate Association.
