Description

Welcome to 155 Glover Road! Rare opportunity to acquire a 1.2-acre industrial property zoned M3, offering excellent flexibility for a variety of industrial and commercial uses. The property includes a residential home and a separate office building, providing the potential for live/work use or additional income opportunities, subject to applicable approvals. Excellent access to major transportation routes and a prime location for owner-users, investors, or businesses looking to expand. (id:66096)

Property Details

MLS®: 40854644
Property Type: Industrial
Zoning: M3
Interior Size: 1,080 ft²
Frontage: 131 ft
Building Area: 1,080 ft²
Storeys: 1
Basement: Full
Ownership: Freehold
Property Tax: $6,876/yr
Listed: 86 days ago

Features

Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Hamilton listings, avg age

65d

Price / ft²

$1,241

List price

$1.34M

Haho

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Area context

Neighbourhood profile (L0R)

This home lists at $1,340,000, about 12.2× the local median household income of $110,000.

Carrying it typically needs a household income of about $261,749 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.

Median household income: $110,000
Population: 83,602
Median age: 40.8
Owner / renter: 88% / 12%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L0R)

$1,340,000· $1,241/ft²

For sale

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Financing

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155 GLOVER Road, Hamilton - Industrial for Sale