52 Concession 2 SDR N/A, Brockton, ON N0G 2V0

$4,500,000
2
BD
7
BA
1,100
SqFt

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List Price
$4,500,000
MLS#
X13686766
Status
ACTIVE
Type
Land
SubType
Farm
Style
Other
Bedrooms
2
Bathrooms
7
Living Area
1100-1500
Province
ON
Municipality
Brockton
Area
Bruce
Neighborhood
Brockton
Subdivision
7th Ave | 2nd St.

Property 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.

Additional Information

Taxes
$8,178
Heat Type
Water
Heat Source
Propane
Air Conditioning
None
Kitchens
1
Exterior
Metal/Steel Siding
Waterfront Type
Direct
Pool
None
Parking Spaces
20
Parking Type
Front Yard Parking

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Calculator source: Real Geeks

Listing courtesy of Real Broker Ontario Ltd..