$1,999,900 - 1374 5th Concession Road, Hamilton
Detached for Sale in Hamilton
135 days on market- MLS Number
- X12369239
- Property Type
- Detached
- Status
- active
- Days on Site
- 135
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Hamilton
- Lot Size
- 46 sqft
- Listing Brokerage
- CORCORAN HORIZON REALTY
VERSATILE FARM PROPERTY PERFECT FOR HORSE ENTHUSIASTS! Discover 45.74 acres of privacy and opportunity with this versatile farm, ideally located close to Hamilton, Brantford, Guelph, Cambridge with quick access to 401 and 403. Perfect for equestrian enthusiasts, trainers or hobby farmers, this property offers a unique blend of lifestyle, function, and income potential. The main residence is a charming 3-bedroom bungalow with room for customization featuring a large great room with 3 french doors leading to the wrap around porch overlooking green pastures. Steps from your door, the property features a workshop, original 80x40 bank barn with 6 stalls (10x11), a tack room, dry storage and complemented with a finished upper level classroom for summer camps, clinics, and more. An attached barn offers 24 additional stalls, a locker room, an additional tack room, a wash bay equipped with hot water, 2-piece bathroom and access to an upper-level approx. 900 sq ft (1-bed plus den, 1 bath) apartment ideal as barn staff accommodation or as additional rental income. The true highlight of the barn is the 60x190 indoor riding arena with a sand base, new LED lighting and overhead sprinkler system. The property is completed with 11 paddocks of varying sizes, an outdoor riding ring (approx 100x200), round pen and conservation protected forest with pond. Ample space for trailers, turnouts, paddocks, and more . All this, just a short drive to town amenities enjoy the serenity of country life without sacrificing convenience. Whether you're looking to grow your equestrian operation as a lesson barn or boarding facility or simply want to enjoy the wide open spaces, this property offers the perfect blend of land, lifestyle, and long-term value. Schedule your showing today to check out this turn key horse venue.
Estimate your monthly payments for this property
Estimated Payment
$8,846.23/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1374 5th Concession Road, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $400/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 135 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.