500 LINE 5 Road, Niagara on the Lake | Image 1

500 LINE 5 Road

Niagara on the Lake, 108 - Virgil

  • Commercial

$X,XXX,XXX
For Sale

Added 5 months ago

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  • Type: Farm

  • Property Type: Commercial

  • Zoning: A

  • Age: No Data

  • Taxes: 1867.62

  • MLS®#: X9412148

  • Days on Site: 163 Days

  • Added: Jun 06, 2024 (5 months ago)

  • Updated:

  • Last Checked: 12 hours ago

  • Listed By: SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

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!

Property

  • Status: Sale

  • Property Type: Farm

  • Area: Niagara on the Lake

  • Community: 108 - Virgil

  • Availability Date: Flexible

  • Assessment Amount: $759,000

  • Assessment Year: 2024

Building

  • Basement: N

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT TWP LOT 125 NIAGARA, PT 2, PL 30R14519 TOWN OF NIAGARA-ON-THE

  • Taxes: $1,868

Land

  • Cross Street: Niagara Stone Rd rig

  • Municipality District: Niagara-on-the-Lake

  • Parcel Number: 463700154

  • Zoning: A

Commercial Specific

  • Total Area Metric: Sq Ft

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