125.5 ACRES ON HANOVER'S DOORSTEP - INCOME TODAY, DEVELOPMENT POTENTIAL FOR THE FUTURE. A rare opportunity immediately adjacent to the Town of Hanover and directly south of the Hanover & District Hospital. Currently operating as an equestrian facility, the property offers an established use with multiple potential income streams including horse boarding/stall rentals and residential tenancy. The facility, constructed in 2012, features approximately 20 stalls, an indoor riding arena, paddocks, pasture and hay fields; with an approximately 1,600 sq. ft. two-bedroom living space plus gym, lounge and additional functional areas. The Saugeen River winds along the property, adding an exceptional natural backdrop to an already unique landholding. What makes this property especially interesting is its long-term potential. The lands have been studied in connection with Hanover's future growth, and planning investigations have identified residential development potential subject to the required municipal approvals, servicing, environmental studies and settlement boundary/planning processes. Continue operating it. Hold it as a long-term land investment. Explore its future development potential. With approximately 125 acres beside one of the area's primary urban centres, an existing income-producing operation and years of planning work already completed, this is a property worth taking a much closer look at.
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Listing updated:
Listed by:
Real Broker Ontario Ltd.
Source: TRREB,MLS®#: X13686766Originating MLS®#: One Point Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 7
Heating
Water, Propane
Cooling
None
Features
Workbench, Storage Area Lockers
Flooring: Accessory Apartment
Basement: None
Has fireplace: No
Interior area
Living area range: 1100-1500 null
Property
Parking
Total spaces: 20
Parking features: Front Yard Parking
Features
Exterior features: Year Round Living
Pool features: None
Has view: Yes
View description: Trees/Woods, River, Pasture
Has water view: Yes
Water view: River,Obstructive
Waterfront features: River Front, Direct, River
Body of water: Saugeen River
Lot
Size: 125 Square Feet
Features: Hospital, River/Stream, Rolling Slope, School, School Bus Route, Waterfront, Irregular Lot