6737 Highway 20
6737 Highway 20
$5,799,900
$5,788/sq ft · 61 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $25,270 |
| Property Tax (MLS) | $565 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $25,835 |
Down payment: $1,159,980 (20.0%) · Mortgage: $4,639,920
Property tax uses MLS annual tax of $6,784/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by NORTH 2 SOUTH REALTY
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Data last updated: August 23, 2026 at 12:25 p.m.