2N Watabeag Road
Kirkland Lake / Kirkland Lake, ON P0K 1S0
About This Property
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.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® T13557688
Listed by RE/MAX PREMIER INC.
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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$58,109
/month · $9,520,000 mortgage
Amortization
Total Interest
$7,912,781
Total Cost
$17,432,781
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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