Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

00 County Road 2 Road, Edwardsburgh/Cardinal, ON K0E 1T0

Land
$2,950,000

Exceptional opportunity to acquire 11.38 acres of industrial land strategically located just outside Johnstown, Ontario, within close proximity to Highway 401, the St. Lawrence River corridor, and the international border crossing to the United States. Offered at $3,389,000, this versatile property presents an outstanding opportunity for investors, developers, logistics operators, manufacturers, and industrial users seeking a well-positioned site in Eastern Ontario. The property's industrial zoning permits a broad range of commercial and industrial uses, making it ideal for future development or expansion. Permitted uses include agricultural products processing facilities, automobile body shops, automobile service stations, building supply centres, commercial storage operations, contractor's yards, equipment rental outlets, farm supply outlets, fuel storage facilities, vehicle sales and rental establishments, veterinary clinics, warehouses, waste recycling facilities, wholesale establishments, community service uses, custom workshops, and accessory dwelling units (subject to applicable zoning provisions).With excellent transportation access and exposure in a growing industrial corridor, this site offers significant potential for warehousing, distribution, manufacturing, equipment sales, storage, construction-related businesses, and other industrial or commercial ventures. The generous acreage provides ample room for buildings, outdoor storage, vehicle circulation, and future expansion. Rarely does a parcel of this size and flexibility become available in such a strategic location. Whether you are looking to establish a new operation, expand an existing business, or secure a prime industrial development site, this property represents a compelling investment opportunity in one of Eastern Ontario's key transportation and industrial hubs. Asking Price: $3,389,000

MLS number
X13499566
Type
Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
K0E 1T0
Photos
5
Property tax
$5,993 / year
79days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$590,000 · minimum here is $590,000
$13,061.96per month
Borrowed before insurance$2,360,000
Total borrowed$2,360,000
Interest over 25 years at 4.5%$1,558,589

If you rented it out

-$13,561.38per month out of pocket
Rent$0.00
Everything it costs to hold$13,561.38
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOMELIFE/DLK REAL ESTATE LTD. Listing data provided by the Toronto Regional Real Estate Board.