$3,280,000

Farm For Sale In Virgil, Niagara-on-the-Lake, Ontario

$3,280,000

Property Information:

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. **** EXTRAS **** It is the purchaser's responsibility to obtain planning and use approvals to their requirements. Professional property use consultants familiar with this area, zonings, allowed uses are available. (id:27)

Building Features:

  • Building Type: Unknown

Property Features:

  • Property Type: Agriculture
  • Amenities Nearby: Highway
  • Farm Type: Cash Crop
  • Features: Conservation/green belt
  • Irregular: Yes
  • Lot Depth: 1003.7 Feet
  • Lot Frontage: 120.6 Feet
  • Lot Size: 120.64 x 1003.67 FT
  • Zoning: Agricultural

Courtesy of: SUTTON GROUP - SUMMIT REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.