The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional opportunity to acquire a turnkey indoor cannabis cultivation and processing facility situated on approximately 32 acres in Ontario. The property features a 44,000 sq. ft. licensed cultivation and processing facility, a 10,000 sq. ft. warehouse, plus 7,000 sq. ft. of additional storage buildings, all within a fully fenced and highly secure site. The facility is equipped with active Health Canada Cultivation & Processing Licenses, 2-3 M hydro capacity, premium LED lighting, automated environmental controls, backup generators, office space, employee facilities, and ample parking. Designed to the highest industry standards, it offers consistent production and is ready for immediate operation. Currently leased to an established tenant generating $70,000 per month, with vacant possess: available, providing flexibility for investors or owner-operators. Significant excess land offers excellent potential for future expansion or alternative industrial uses, Must be severance to 32 acres under proses. Approximately 11,000 sq. ft. of table cultivation space with the capacity to produce up to 3,600 kg of cannabis annually.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$45,330/mo
Mortgage (principal + interest)$44,517
Property taxFrom listing: $9,750/yr$813
Minimum 20% ($2,380,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$2,380,000
Ontario land transfer taxProvincial brackets, no first-time refund$283,975
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$2,666,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kirkland Lake has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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