+45 more
8
Bedrooms
8
Bathrooms
91.6 ac
Lot
1997
Year Built
14
Parking
About This Property
This 8-bedroom, 8-bathroom agriculture in Waterdown offers a 91.6 ac lot. Built in 1997, 2 storeys. The property has lot dimensions of 91.6. The home features heat pump, forced air heating, central air conditioning, a finished, full basement. Highlights include a 14-car garage.
MLS Remarks
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:60351)
Overview
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