$13,499,000
Puslinch
780 CONCESSION 8 Road West, Puslinch, Ontario, N0B2J0
This industrial property in Puslinch is for sale. It has been on the market 82 days, fresher than the Puslinch average of 95 days.
Exceptional 49-Acre Licensed Cannabis Processing & Manufacturing Facility A rare and highly versatile opportunity to acquire a 49-acre fully operational Health Canada-licensed cannabis processing facility, complete with a substantial manufacturing building, exceptional conference/residential accommodations, and significant future expansion potential. The property features approximately 27,000 sq. ft. of purpose-built manufacturing space and is already site-plan approved for an additional 200,000 sq. ft. expansion, providing an outstanding opportunity for a new owner to significantly scale operations. The property is zoned for agricultural and industrial uses, offering flexibility for a variety of future applications. The property also includes a gorgeous 8-bedroom, 5-bathroom residence/conference facility originally designed as a high-end meeting and conference centre. The building could continue to serve as corporate or conference accommodations or be converted for residential or rental use. Features include two kitchens, a fitness centre, sauna, garage, multiple gathering spaces and plenty of character, making it an exceptional complement to the industrial operation. The expansive 49-acre parcel offers tremendous privacy and natural beauty, with the Bronte Creek running through the property and a significant portion of the land remaining as protected or natural green space. There is ample room for additional development while maintaining the property's secluded setting. The business and real estate are available together, providing an opportunity to acquire an established operating business along with the underlying land and facilities. Alternatively, the business may be available to lease separately from the real estate, offering flexibility for investors, operators and owner-users. Business available separately or in combination with the real estate. Contact L/A for details on the business vs land. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 82 days on market, against an average age of 95 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This industrial in Puslinch has been listed for 82 days, which is 13 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $13,499,000, about 112.5× the local median household income of $120,000.
Carrying it typically needs a household income of about $2,636,827 (20% down, 25-yr amortization, stress-tested) — roughly 2097% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0B)
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