Primary photo of 485 CONCESSION 5 Road E, Waterdown
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Agriculture For Sale

$5,499,000

MLS® Number: 40806108

Bedrooms

8

Bathrooms

8

Floor Area

6,226

Land Size

91.6

Year Built

1997

485 CONCESSION 5 Road E, Waterdown, Ontario

About This Property

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.

Property Details

Interior Details

Appliances

Water purifier

Basement

Finished, Full

Bathrooms Partial

1

Bathrooms Total

8

Bedrooms Total

8

Cooling

Central air conditioning

Heating

Heat Pump, Forced air

Living Area

6226 sqft

Building & Exterior

Exterior Features

Other

Foundation Details

Poured Concrete

Parking Features

Attached Garage

Stories

2.5

Year Built

1997

Land & Location

Frontage Length

1483.0 feet

Lot Features

Conservation/green belt, Paved driveway, Automatic Garage Door Opener, In-Law Suite

Lot Size Area

91.6 acres

Lot Size Dimensions

91.6

Postal Code

L8B0W8

Subdivision Name

044 - Flamborough East

Utilities & Services

Utilities

Electricity, Telephone

Listing & Financials

Listing Office

RE/MAX Escarpment Realty Inc.

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

14

Mortgage Calculator

20% ($1,099,800)
5.5%
25 Years

Estimated Monthly Payment

$27,015

Principal and interest only. Actual rates may vary.

Location & Map

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