ATTENTION INVESTORS, DEVELOPERS & ENTREPRENEURS — RARE HIGH-YIELD OPPORTUNITY IN PRIME ANCASTER. This is more than a property — it’s a strategic asset set on approximately 4.97 acres in the prestigious Sulphur Springs community, one of Ancaster’s most sought-after, low-inventory locations. Featuring 2 homes, 3 self-contained units, and multiple income streams, this property offers a powerful blend of immediate cash flow and long-term upside. Zoned Rural (A2), it provides exceptional flexibility with permitted uses including agricultural operations, agritourism, home industry, kennel use, processing facilities, and specialty farming. A key highlight is the potential for a Cannabis Growing and Harvesting Facility, allowing up to 2,000 sq. ft. of new construction with the option to utilize existing structures (subject to approvals), creating a high-demand opportunity in a regulated, high-margin sector. The main residence offers over 3,500 sq. ft. and is configured into income-producing units with a total of 7 bedrooms and 4 bathrooms, separate entrances, and strong rental versatility — ideal for maximizing returns or multi-generational living. A second detached home includes 3 bedrooms and 1 bathroom, adding further income potential. A massive 60’ x 40’ workshop/garage provides additional value for business use, storage, or future conversions. This is a property built for income today with clear pathways for increased value over time. Located minutes to Highway 403, top-rated schools, trails, and Ancaster Village, it offers privacy, accessibility, and growth potential. Opportunities like this are rare — secure a high-performing asset in one of Ancaster’s most desirable areas. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
3,572 sq. ft.332 m2
Finished Area Above Grade:
3,572 sq. ft.332 m2
Zoning:
A2
Taxes:
$13,066 /
-
Community:
420 - Sulphur Springs
Exterior Features:
Brick, Vinyl siding
Structure Type:
Triplex
Appliances Included:
Window Coverings, Garage door opener
Bedrooms:
10
Bathrooms:
5.0
Cooling:
Central air conditioning
Fireplace:
No
Heating:
Forced air
# Storeys:
2.0
Water:
Well
Sewer:
Septic System
Basement:
Finished, Full
Lot Frontage:
309'94.2 m
Lot Size:
4.97 acre(s)2.01 hectare(s)
Lot Details:
4.97
Lot Features:
Conservation/green belt, Automatic Garage Door Opener
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