$4,500,000
Brockton
52 Concession 2 SDR, Brockton, Ontario, N0G2V0
This farm in Brockton is for sale offering roughly 1,300 sq ft of space.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.
This 2-bed agriculture in Brockton is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $4,500,000, about 54.2× the local median household income of $83,000.
Carrying it typically needs a household income of about $879,008 (20% down, 25-yr amortization, stress-tested) — roughly 959% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0G)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →