485 CONCESSION 5 Road
Waterdown, Ontario
- 8 bed
- 8 bath
- Agriculture
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.
Price History
Property
- Lot Size
- 91.6 acres
Schools
Elementary
- Guardian Angels Catholic Elementary School2.3 km
Catholic · Hamilton-Wentworth CDSB · 455 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Flamborough Centre School2.4 km
Public · Hamilton-Wentworth DSB · 370 students
Grade 6 math: 44% met the provincial standard
- Mary Hopkins Public School2.8 km
Public · Hamilton-Wentworth DSB · 500 students
Grade 3 reading: 71% met the provincial standard
Secondary
- Waterdown District High School3.3 km
Public · Hamilton-Wentworth DSB · 1140 students
Grade 10 literacy: 90% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8B
- Population
- 25,778
- Private dwellings
- 9,053
- Median age
- 38.4
- Average household size
- 2.9
- Median household income
- $131,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Agriculture in Waterdown · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of agriculture properties in Waterdown over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$1,099,800
Estimated Monthly Payment
$27,015
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $27,015/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $1,375/mo
Estimates only. Consult a financial advisor.
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