52 Concession 2 SDR N/A
Brockton / Brockton, ON N0G 2V0
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.
Property Details
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Features & Amenities
- Waterfront
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13710430
Listed by Real Broker Ontario Ltd.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$21,974
/month · $3,600,000 mortgage
Amortization
Total Interest
$2,992,228
Total Cost
$6,592,228
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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