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Renanza Realty
For sale

52 CONCESSION 2 SDR

Brockton, Ontario

MLS® X13710430

$4,500,000

Status
Active
Property type
Agriculture
MLS® number
X13710430
Bedrooms
2
Bathrooms
7
Year built

Listing description

125. 5 ACRES ON HANOVER'S DOORSTEP - INCOME TODAY, DEVELOPMENT POTENTIAL FOR THE FUTURE. A rare opportunity immediately adjacent to the Town of Hanover and directly south of the Hanover & District Hospital.

Currently operating as an equestrian facility, the property offers an established use with multiple potential income streams including horse boarding/stall rentals and residential tenancy. The facility, constructed in 2012, features approximately 20 stalls, an indoor riding arena, paddocks, pasture and hay fields; with an approximately 1,600 sq. ft.

two-bedroom living space plus gym, lounge and additional functional areas. The Saugeen River winds along the property, adding an exceptional natural backdrop to an already unique landholding. What makes this property especially interesting is its long-term potential.

The lands have been studied in connection with Hanover's future growth, and planning investigations have identified residential development potential subject to the required municipal approvals, servicing, environmental studies and settlement boundary/planning processes. Continue operating it. Hold it as a long-term land investment.

Explore its future development potential. With approximately 125 acres beside one of the area's primary urban centres, an existing income-producing operation and years of planning work already completed, this is a property worth taking a much closer look at.

Property summary

MLS® number
X13710430
Property type
Agriculture
Building type
Unknown
Square footage
125 sq ft
Land size
125 acres
Annual property taxes
$8,178.58
Parking
20 spaces
Days on market
26 days

Features & details

Cooling
None
Appliances
Washer, Dryer, Microwave, Water Heater
Lot features
Irregular lot size
Waterfront
Waterfront

What would this home cost you?

Based on the $4,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$20,938 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Real Broker Ontario Ltd., GUELPH.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.