Overview

This industrial property in Hamilton is for sale offering roughly 2 sq ft of space.

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Description

1.84 ACRE PRIME LOT, GREAT EXPOSURE OPPOSITE TO PROPOSED IKEA WAREHOUSE FACILITY, AMPLE 200' FRONTAGE FOR TRACTOR TRAILER PARKING, M3 ZONING ALLOWS COMMERCIAL VEHICLE SALES, AUTOMOTIVE REPAIR & BODY SHOP OPERATIONS, ANY KIND OF REPAIR SERVICE, WAREHOUSE, RESTAURANT, HOTEL, EQUIPMENT SALES & RENTAL AND MANY OTHER USES. THE FREESTANDING BUNGALOW/OFFICE FEATURES 3 BEDROOMS, 1 BATH, UNFINISHED BASEMENT, VALUE IS IN THE LAND, DO NOT WALK THE PROPERTY WITHOUT AN APPOINTMENT. (id:66096)

Property Details

MLS®: X13571230
Property Type: Industrial
Zoning: M3-ZONING
Bathrooms: 1
Interior Size: 2 ft²
Lot Size: 1.84 acres
Frontage: 201 ft
Heating: Forced air, Natural gas
Cooling: None
Property Tax: $4,300/yr
Listed: 111 days ago

Market Timing

Days on market

111d

Hamilton listings, avg age

65d

Price / ft²

$1,199,500

List price

$2.40M

Haho

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Area context

Neighbourhood profile (L8R)

This home lists at $2,399,000, about 44.8× the local median household income of $53,600.

Carrying it typically needs a household income of about $468,609 (20% down, 25-yr amortization, stress-tested) — roughly 774% above the area median.

Median household income: $53,600
Population: 11,651
Median age: 38.4
Owner / renter: 32% / 68%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA L8R)

$2,399,000· $1,199,500/ft²

For sale

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Financing

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187 GLOVER Road, Hamilton - Industrial for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (L8R)

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