$3,280,000 FOR SALE

Commercial Farm

Lot: 120.64 x 1,003.67 ftTotal Area: 28.5 acres
2024 Taxes: $6,360

1065 Concession 3 Rd
Niagara-On-The-Lake, ON L0S 1J0 | Niagara

No concessions need to be made on a rare vineyard, which delivers exceptional yields, established management and winery contracts, substantial profits, diverse agri-business opportunities, and a custom-built home with outstanding short-term rental income potential. This property features a mature income-generating vineyard and strong net profits spread across 28.5 acres, complete with overhead irrigation and three windmills. With the potential to achieve an estate winery designation, this prestigious parcel includes 2.7 acres of Riesling, 6.2 acres of Cabernet Sauvignon, 4.1 acres of Gamay, 4 acres of Vidal, and 7.4 acres of the renowned Dornfelder grape varietals. Benefit from separating the secluded private residence from commercial activities with two road access points, enabling various agri-business opportunities. Additionally, a mature walnut grove presents the potential for a generous barn/event space with lucrative income opportunities as a wedding venue. This property not only offers a distinguished private residence but also boasts a vineyard known for producing grapes of exceptional quality. This vineyard exemplifies the commitment to excellence that characterizes Niagara-on-the-Lake's winemaking heritage by supplying premium grapes to leading wine producers in the region. Discover a pathway to an idyllic lifestyle where luxury, charm, and the allure of wine country converge.

Extras
It is the purchaser's responsibility to obtain planning and use approvals to their requirements. Professional property use consultants familiar with this area, zonings, allowed uses are available.

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Listed By SUTTON GROUP - SUMMIT REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8320542
Last Updated Sep 11, 2024
Property Summary
Property Type Commercial Farm

More like this:
Use Cash Crop
Category Agricultural
PIN 463810166
Legal Description PT TWP LT 60 NIAGARA PT 2...
Occupancy Owner
Possession Date TBA
Taxes (2024) $6,360
Tax Type Annual
Assessment (2024) $1,251,000
Directions/Cross Streets North of Line 5, end of street
Area Niagara
Price History
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Detailed Information
Lot 120.64 x 1,003.67 ft
Total Area 28.5 acres
Area Influences Grnbelt/Conserv, Major Highway
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Agricultural
Seller Property Info Statement N

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