Experience the ultimate combination of productive farmland and country estate living on 91.6 acres at 485 Concession 5 Rd E. With 63 acres of actively farmed/leased land carrying Farm Property Class tax status, enjoy substantially reduced property taxes, approximately 25% of the residential rate on eligible farmland. The current tenant farmer contributes approx. $12,000/year in lease income, offsetting costs while preserving the fertile, organically farmed fields. This versatile property features rolling farmland, mature woodlands, 800+ evergreen trees, and a serene spring-fed pond. A 30’x90’ Quonset hut provides ample storage for equipment or farming operations. The estate includes a fully renovated 2.5-storey, 6-bed, 6-bath main residence with an attached 2-bed, 2-bath guest house, updated with $2M+ in premium finishes (2022/23). Indoor-outdoor living is effortless with a wrap-around veranda and glass-railed deck overlooking the land. Rarely does a farm offer this combination of income potential, reduced taxes, and luxury living, just 4 minutes from downtown Waterdown, a truly unique and versatile property. (id:2493)
Property Type:
Agriculture
Common Interest:
Freehold
Total Living Area:
6,226 sq. ft.578 m2
Finished Area Above Grade:
6,226 sq. ft.578 m2
Zoning:
A1
Taxes:
$12,459.58 /
-
Community:
044 - Flamborough East
Exterior Features:
Other
Utilities:
Electricity, Telephone
Appliances Included:
Water purifier
Bedrooms:
8
Bedrooms Above Grade:
6
Bedrooms Below Grade:
2
Bathrooms:
8.0
Half Bathrooms:
1
Cooling:
Central air conditioning
Fireplace:
No
Foundation:
Poured Concrete
Heating:
Heat Pump, Forced air
# Storeys:
2.5
Water:
Drilled Well
Sewer:
Septic System
Basement:
Finished, Full
Lot Frontage:
1483'452 m
Lot Size:
91.6 acre(s)37.1 hectare(s)
Lot Details:
91.6
Lot Features:
Conservation/green belt, Paved Driveway, Automatic Garage Door Opener, In-Law Suite
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