$3,280,000 FOR SALE

Commercial Farm 2 Level

Lot: 121 x 1,004 ft

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

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. (id:47423)

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Listed By Sutton Group - Summit Realty Inc., Brokerage
Data Provided By The Oakville, Milton & District Real Estate Board
MLS® Listing Number 40585915
Last Updated Aug 14, 2024
Property Summary
Property Type Commercial Farm

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Price History
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Detailed Information
Bedrooms 4
Bathrooms 2
Lot 121 x 1,004 ft
Amenities Nearby Airport, Golf Nearby, Marina, Shopping
Community Features School Bus
Types of Crops Grapes
Farm Type Other, Vineyard
Features Crushed stone driveway, Tile Drained, Sump Pump, Automatic Garage Door Opener
Listing Contract Date 2024-05-07
Location Description north on Line 5, at the end of the road
Ownership Type Freehold
# of Parking Spaces 12
Property Type Agriculture
Transaction Type For sale
Zoning Description A
Building
Appliances Central Vacuum, Dishwasher, Dryer, Refrigerator, Washer, Microwave Built-in, Garage door opener
Architectural Style 2 Level
Basement Development Unfinished
Basement Type Full (Unfinished)
Constructed Date 2007
Cooling Type Central air conditioning
Exterior Finish Stone, Vinyl siding
Fireplace Present Yes
# of Fireplaces 1
Fixture Ceiling fans
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
4pc BathroomSecond level6'6'' x 9'7''
BedroomSecond level24'10'' x 12'6''
BedroomSecond level12'2'' x 17'8''
BedroomSecond level11'7'' x 12'0''
StorageBasement46'7'' x 37'2''
5pc BathroomMain level14'2'' x 9'9''
PantryMain level5'4'' x 5'11''
Laundry roomMain level8'1'' x 6'3''
OfficeMain level11'7'' x 12'0''
BedroomMain level14'2'' x 17'9''
KitchenMain level12'2'' x 11'7''
Dining roomMain level14'5'' x 9'9''
Living roomMain level18'8'' x 25'10''
FoyerMain level6'9'' x 9'11''
Parking Spaces
Name Spaces
Attached Garage
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size 28.5 acres
Access Type Road access, Highway access
Acreage Yes
Amenities Airport, Golf Nearby, Marina, Shopping
Sewer Septic System
Size of Irregular Land 28.5

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