$2,100,000
867 JERSEYVILLE Road W
Beds
10
Baths
5
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ancaster. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
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:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- 420 - Sulphur Springs
- Common interest
- Freehold
- Living area
- 3,572 square feet
- Lot size
- 4.97 acres
- Lot dimensions
- 4.97
- Parking
- 24 total
- Stories
- 2
- On market
- Apr 11, 2026
- Status changed
- Apr 26, 2026
- Annual tax
- $13,066
- Zoning
- A2
- Photos
- 40
- MLS#
- 40819939
- Area
- ANCASTER
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Lot
Cash on cash
-6.30%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,821
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.