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1065 CONCESSION 3

108 - Virgil | Niagara-on-the-Lake

$3,280,000.00

Listed 5 months ago

  • 4 bed
  • 2 bath
  • 2,619 sqft
  • 12 parking
  • Agriculture

Property history

  • Now
    Listed on May 9, 2024

    Listed for $3,280,000.00

    153 days on market

Location & area

Schools nearby

Home Details

Description
No concessions need to be made on a rare vineyard, which delivers exceptional yields, established management and winery contracts, substantial profits, diverse agri-business opportunities, and a custom-built home with outstanding short-term rental income potential. This property features a mature income-generating vineyard and strong net profits spread across ±28.5 acres, complete with overhead irrigation and three windmills. With the potential to achieve an estate winery designation, this prestigious parcel includes 2.7 acres of Riesling, 6.2 acres of Cabernet Sauvignon, 4.1 acres of Gamay, 4 acres of Vidal, and 7.4 acres of the renowned Dornfelder grape varietals. Benefit from separating the secluded private residence from commercial activities with two road access points, enabling various agri-business opportunities. Additionally, a mature walnut grove presents the potential for a generous barn/event space with lucrative income opportunities as a wedding venue. This property not only offers a distinguished private residence but also boasts a vineyard known for producing grapes of exceptional quality. This vineyard exemplifies the commitment to excellence that characterizes Niagara-on-the-Lake's winemaking heritage by supplying premium grapes to leading wine producers in the region. Discover a pathway to an idyllic lifestyle where luxury, charm, and the allure of wine country converge. (id:39198)
Additional media
-
Property taxes
$6,360.00 per year / $530.00 per month
Basement
Unfinished, Full
Year build
2007
Type
Agriculture
Bedrooms
4
Bathrooms
2
Parking spots
12 Total
Floor
-
Balcony
-
Pool
-
External material
Stone | Vinyl siding
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Forced air, Natural gas
Fire place(s)
1
  • Basement
    Storage
    37'2'' x 46'7''
  • Second level
    4pc Bathroom
    9'7'' x 6'6''
    Bedroom
    12'6'' x 24'10''
    Bedroom
    17'8'' x 12'2''
    Bedroom
    12'0'' x 11'7''
  • Main level
    5pc Bathroom
    9'9'' x 14'2''
    Pantry
    5'11'' x 5'4''
    Laundry room
    6'3'' x 8'1''
    Office
    12'0'' x 11'7''
    Bedroom
    17'9'' x 14'2''
    Kitchen
    11'7'' x 12'2''
    Dining room
    9'9'' x 14'5''
    Living room
    25'10'' x 18'8''
    Foyer
    9'11'' x 6'9''

Listing Brokerage

MLS® Listing
40585915
Brokerage
Sutton Group - Summit Realty Inc., Brokerage