5 bed
5 bath
4,432 sqft
Single Family Residence
Built in 1968
902,127 sqft lot
20 parking
4 fireplaces
Freehold NonStrata
RU-3 zone
Public remarks
Discover the perfect blend of country living and income potential on this 20-acre farm in the ALR. Featuring approximately 15 acres of pasture, a spacious 3,000+ sq ft rancher, a permitted double-wide mobile home, two barns, and an indoor riding arena currently generating $5,000 a month—this is just the beginning of its revenue potential. Additional highlights include a four-bay garage and two more permitted buildings with office space or rental potential. Whether you're looking to expand an equestrian business or create a multi-use agricultural enterprise, this property offers endless opportunities and built-in equity. Lovingly maintained by the same family for years, it's a great opportunity for multigenerational living. Book a private tour today!
Private remarks
All measurements done by See Virtual 360. Please see attached documents for Team Disclosure which must accompany all offers * Indoor arena on a month to month tenancy $5000.00. Authorized 2nd home. 2 bed/1 den. Bright with a laundry room and full sized open kitchen and living space den easily converted to 3rd bedroom. Some notice for showing please. * ABOVE MAIN 2 IS FOR THE MANUFACTURED HOME.
Buyer agency compensation
3.22% on the first $100,000 and 1.15% on the balance
$5,350,000 ($1,207/sqft)
Active
Listed
03/05/2025
Expiry date
Original price
Gross taxes (2024)
$4,516.11
Property transfer tax
$185,500.00
Last Updated: 06/13/2025 12:34 PM
Courtesy of Homelife Benchmark Realty Corp.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
4898 248 Street | R2972496 | 06/13/2025 12:34 PM | 03/05/2025 | Active | $5,350,000 | Login to view | Kara Berman | Homelife Benchmark Realty Corp. |
4898 248 Street | R2857372 | 10/01/2024 03:05 AM | 03/08/2024 | Expired | $5,499,999 | Login to view | Homelife Benchmark Realty Corp. | |
4898 248 Street | R2762178 | 03/08/2024 12:36 PM | 03/24/2023 | Terminated | $5,499,999 | Login to view | Homelife Benchmark Realty Corp. |