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981 - Lincoln Lake, Lincoln
$1,549,888
A unique 4.83-acre live/work agricultural property combining 2 detached renovated residential homes (Home 1 is approx. 1700 sq ft & Home 2 is 1400 sq ft) with a substantial greenhouse operation, just west of Lincoln's urban edge with convenient QEW access. Designed for those who want to live and run a business on the same site, it offers multiple income possibilities, established agricultural facilities, and room to expand over time.The residential component features 2 detached single-level brick bungalows, each offering 3 bedrooms and 2 full bathroom, with crawl space basements and attached garages. One home is further enhanced by an in-ground swimming pool, making the setup ideal for an owner-occupier, extended family, or rental use to help offset carrying costs, all within a short walk of the production facilities.The greenhouse complex, approximately 44,500 sq. ft., is configured for year-round production and consistent output. Heating is provided by a boiler system supplemented by upper and lower gas-fired heaters, with a generator connected to Enbridge gas to support continuous operation during power interruptions. The interior is organized into three distinct growing areas to accommodate different crops or stages of production and is managed by automated controls for climate and environmental conditions. Supporting structures include a dedicated cooler, packing area, loading and garage space, a private office connected directly to the greenhouse, and a separate staff lounge and lunch room, creating an efficient flow from cultivation through to shipping. Serviced by municipal water and natural gas, with a septic system and growing equipment included, this property presents an appealing opportunity for growers, agri-entrepreneurs, or investors seeking a diversified, income-producing agricultural asset.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $5,819 |
| Lot Size | 498.64 ft x 541.75 ft |
| mls© Number | X13465204 |
| Listed By | SNOBAR REALTY GROUP INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,933
- Property tax
- $485
- Heat allowance
- $150
- Housing costs
- $8,568 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$264,000
gross annual household income
- Payment at 4%
- $6,522 / mo
- Cash down
- $309,978
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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