485 Concession 5 Rd E

Waterdown, ON L8B 0W8
  • $5,499,000

    Price
  • 8

    Bed
  • 8

    Bath
  • 6,226

    SqFt

About the Listing HBRMXESCBU4B - HBHOWELCL

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.

Listing Highlights

Status Active
Days on Site 10
Property Type Farm/Ranch
MLS ® 40806108
Year Built 1997
Total Square Footage 6,226
Lot/Acreage 91.6

Interior Details

  • Bedrooms: 8
  • Bathrooms: 7 Full / 1 Half
  • Appliances: Bar Fridge, Range, Water Purifier
  • Air Cond: Central Air
  • Heating: Forced Air,Ground Source,Heat Pump
  • Fireplaces: Family Room
  • Floor:
  • Above Ground Sq Ft: 6226
  • Below Ground Sq Ft: n/a
  • Basement: Walk-Out Access,Full,Finished
  • Other: High Speed Internet,Auto Garage Door Remote(s),Built-In Appliances,In-Law Floorplan,4 Kitchens
  • Water: Drilled Well

Exterior Details

  • Lot Description: Near Golf Course,Greenbelt,Highway Access
  • Garage Capacity: 4 car
  • Parking Spaces: 14
  • Lot Dimensions: 1483 x 2764
  • Zoning: A1
  • Roof: Other
  • Others:
  • Sewer: Septic Tank
  • Parking Features: Private Drive Double Wide,Attached Garage,Asphalt,Built-In,Inside Entry

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 175150014
  • Tax Year: N/A

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485 Concession 5 Rd E Waterdown, ON L8B 0W8

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Originating MLS: Cornerstone

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