A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 485 Concession 5 Rd, Waterdown Ontario L8B 0W8
60 days on Market

485 Concession 5 Rd, Waterdown, Ontario L8B 0W8

Land
6 + 2
8 + 1
~6226 sqft
$5,499,000
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Land
6 + 2
8 + 1
~6226 sqft

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Highlights

Property Estimate

Days on market60 days

Estimated valueNot available

Price/Sqft$883/sqft

Monthly cost

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Description

Experience the ultimate combination of productive farmland and country estate living on 91.6 acres at 485 Concession 5 Rd E. With 63 acres of actively farmed/leased land carrying Farm Property Class tax status, enjoy substantially reduced property taxes, approximately 25% of the residential rate on eligible farmland. The current tenant farmer contributes approx. $12,000/year in lease income, offsetting costs while preserving the fertile, organically farmed fields. This versatile property features rolling farmland, mature woodlands, 800+ evergreen trees, and a serene spring-fed pond. A 30’x90’ Quonset hut provides ample storage for equipment or farming operations. The estate includes a fully renovated 2.5-storey, 6-bed, 6-bath main residence with an attached 2-bed, 2-bath guest house, updated with $2M+ in premium finishes (2022/23). Indoor-outdoor living is effortless with a wrap-around veranda and glass-railed deck overlooking the land. Rarely does a farm offer this combination of income potential, reduced taxes, and luxury living, just 4 minutes from downtown Waterdown, a truly unique and versatile property.


Property Details

Style2.5 Storey
View-
Age of property1997
SqFt~6226 SqFt
Lot Size4,099,012 Ac(2764 x 1483)
Parking Spaces14
MLS ®Number40806108
Community NameFlamborough
Data SourceITSO
Listing byRE/MAX Escarpment Realty Inc.

Features

Heating: Forced Air, Ground Source, Heat Pump
Cooling: Central Air
Basement: Walk-Out Access, Full, Finished

Main Floor

Bathroom

2-Piece

Living Room/Dining Room

8.97 x 5.13

Bedroom

4.55 x 4.27

Walk-in Closet

Bathroom

4-Piece


Features

Lot size: 4,099,012 Ac
Septic Tank

Parking

Garage spaces 4

Garage type -

Other parking spaces 10

Total parking spaces 14


Property listed by RE/MAX Escarpment Realty Inc., Brokerage
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Market Data - Flamborough

Geo Zone Map ThumbnailFlamborough

Balanced Market

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Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2025

40 days

2024

37 days

2023

26 days

New Listings

Past 30 days

131 listings

Compared to

2025

143 listings

2024

128 listings

2023

120 listings

Units sold

Past 30 days

52 units

Compared to

2025

47 units

2024

70 units

2023

77 units

Median Sold Price

Past 30 days

$919,000

Compared to

2025

$937,500

2024

$1,077,500

2023

$1,000,000


Population and Demographics

Overview

Total population 46428
Average household income $164,302

Age (%)

0 to 19
24%
20 to 34
17%
35 to 49
20%
50 to 64
23%
65 and plus
17%

Household composition (%)

Single family
80%
Single person
17%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
89%
Others
9%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget