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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,895,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
A rare 142-acre offering combining historic character, natural beauty, and exceptional versatility. The property features mixed flat and rolling land, a majestic 10,000 sq ft century barn with hand-hewn beams and timber floors, a rare standing stone silo, and three houses with five residential units. Flexible agricultural zoning and abundant amenities create an extraordinary canvas for living, farming, hospitality, or a legacy project. Ideal for multiple buyer types, the property can support a working farm with production and agritourism, a hospitality venture such as a bed and breakfast or retreat, a multi-generational compound, or a signature architectural conversion of the barn and silo. The combination of acreage, water features, multiple dwellings, and significant road frontage makes this a distinctive investment and lifestyle opportunity. Approximately 120 acres of workable fields and pasture support crops or grazing, while 30 acres of buildings and mature woodlands offer privacy and trails. A year-round creek feeds a large pond, providing reliable water, wildlife habitat, and recreational enjoyment. The original 1885 barn and stone silo are defining assets. The barn’s scale and character suit conversion to a residence, event venue, or hospitality space. The stone silo offers unique potential as a stair tower, study, or display feature. Agricultural zoning permits bed and breakfast operations and agritourism, enabling boutique farm-hospitality or agriculture-based enterprises. Located 15 minutes from Cambridge and Waterdown with access to Highways 401 and 6, the property balances rural privacy with convenience. Three houses offer five Legal Non-Conforming residential units, allowed to continue in their current form with renovations. The homes require updating, giving buyers the opportunity to customize while benefiting from immediate vacant possession. (id:39198)
Location
Province
Ontario
City
Hamilton
Address
97 Regional
Postal Code
L9H5E3
Location Highlights
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Listed by
RE/MAX Escarpment Realty Inc. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
5,000
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$3,895,000
Asking Price
$3,895,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
5,000
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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