For Sale

500 LINE 5 Road, Niagara-on-the-Lake, Ontario L0S1J0

$3,900,000

500 LINE 5 Road, Niagara-on-the-Lake, Ontario L0S1J0 is For Sale and has a listing price of 3,900,000. The property is located in the Virgil neighbourhood. It's been on the website for 25 Days.

  • Agriculture
    Property Type
  • Unknown
    Building Type
  • MLS ID: X8418476
  • Office Name SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE
Property Description

Located in the heart of the prestigious VQA Four Mile Creek Appellation, this expansive 46-acre vineyard offers an exceptional opportunity for viticulture enthusiasts and investors alike. Situated just 5km from the serene shores of Lake Ontario, this parcel benefits from ample sunlight exposure throughout the day, providing an ideal environment for grape cultivation. Currently, 11 acres are thriving with BDX varieties, producing high-quality grapes known for their exceptional flavour profiles. An additional 9.3 acres, presently under a cover crop, are fully trellised and primed for transformation into an organic vineyard. The property also features 3 acres allocated for future development, perfect for establishing a winery! No chemical pesticides or fertilizers were used in the past 7 years, making this a pristine and fertile growing environment. Whether you’re looking to expand an existing operation or embark on a new venture in winemaking, this prime parcel in Niagara-on-the-Lake offers unmatched potential and a sustainable path to producing premium wines! Don’t miss the chance to own a piece of Niagara’s esteemed wine country! (id:43137)

Property Details
  • MLS ID: X8418476
  • Price: $3,900,000
  • Transaction Types: For Sale
  • Ref ID: 27698779
  • Year Built: N/A
  • Building Type: Unknown
  • Property Type: Agriculture
  • Property Type: Commercial
  • Property Sub Category: Agriculture
Price History
List Date MLS ID List Price Status End Date Closed Price
06/07/2024 40601201 $3,900,000 For Sale - -
06/07/2024 X8418476 $3,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Virgil
  • $1,398,587 Average List Price
    based on 1 year
  • 5 New Listings
    based on 30 days
  • 137 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.57 % Up
  • Sold (12mo) 61
  • Rented (12mo) 9

  • 1 Month Change +13.8%
  • 3 Month Change +36.5%
  • 6 Month Change +29.9%
Walkscore
Property Type Distribution
  • All Houses
    84.65%
  • Commercial
    11.02%
  • Condo
    3.15%
  • Land for Sale
    1.18%
Additional Details
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Farm/Agriculture Farm
  • Listing Entry Date: 07/06/2024 00:00:00
  • Zoning Cd-1
  • Agent Name: Ali Booth
  • Last Updated: 10/12/2024 17:24:10
Open House Dates
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