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124-682 Westover Rd, Waterdown, ON L0R 2H2-5.jpg


L8B 1R5




10.28 ACRES


Great Income Potential!

Here is a once-in-a-lifetime opportunity for you to own a 10.28 acre property that houses 5 distinct residences. This property offers two detached cottages, one barn apartment, and two dwellings in the main house. The rental units are legal and non-conforming, which makes them a great source of secondary income for the owner. Alternatively, families who wish to live close to each other will find this property particularly attractive. 

The two-storey main house is a comes with a double garage and central air conditioning. Unit A, which has 2404 sqft of space, has been fully updated. It features a grand foyer with a staircase that is open to above, a home office with an exposed brick wall, a kitchen with a seated island, and access to the patio. The separate dining room, stunning stone fireplace in the living room, main floor laundry, and powder room make this unit an ideal place to call home. Upstairs, you will find 4 bedrooms and 2 bathrooms, including a 6-piece ensuite. Unit B has 1556 sqft of space and comes with 2 bedrooms and 1.5 bathrooms. It also has a laundry/mud room, a kitchen with a stovetop and wall oven, a living room with a wood-burning stone fireplace, and office space. 

Cottage C has 707 sqft of space and features 1 bedroom and 1 bathroom. It also has a covered front porch that overlooks the yard. Cottage D offers 1102 sqft of space and comes with 2 bedrooms and 1 bathroom. It also has in-suite laundry, a storage room, and is carpet-free. Barn Unit E has 1293 sqft of space and comes with 2 bedrooms and 1 bathroom. It has good storage space and offers easterly views from the primary bedroom balcony. Tenants pay utilities, and each unit has separate hydro and gas meters. A 70' well, at the barn, serves all units. Unit C has electric baseboard heating, while Units D and E have a UV water softener +Iron-sulfur filter and a Big Blue Sediment Filter. Units A, B, and C have a chlorinator +Settling tank and a water softener (whole house carbon filter). The property also has 3 septic tanks that were emptied in September 2020. A and B shared septic tanks are located in the rear yard, while C has its own. D and E shared septic tanks are located in the rear yard of D. There is also a sewer ejector pump to septic tanks. In addition to the rental units, the property has a barn and paddocks, which offer potential additional income. However, buyers are advised to do their own due diligence.

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