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For saleListed 54 days agoMLS® X13686766

52 Concession 2 SDR, Brockton, ON

Brockton · Saugeen River · View map

$4,500,000
2Beds
7Baths
1100-1500Sq ft
Saugeen RiverWaterbody
1,000 ftFrontage
OtherStyle
125 acresLot
Municipal RoadAccess
$8,179/yrTaxes
51-99Age
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$4,500,000
Direct waterfrontOn Saugeen River
1,000 ft of frontageMeasured along the water
Four-seasonBuilt for year-round use

About this property

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.

The property

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Bedrooms
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Parking
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Waterfront

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Lot & taxes

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Listing

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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

Estimates for illustration only. Recreational property can need a larger down payment and a different rate than a city home. See how cottage financing works.

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Listing courtesy of Real Broker Ontario Ltd.. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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