Prime Strathcona/North End Development & Investment Opportunity! Discover the potential of this ideally located property in one of Hamilton's most desirable and transforming neighbourhoods. Just minutes from Bayfront Park, waterfront trails, downtown amenities, green spaces, and major highway routes, this location offers exceptional convenience and long-term appeal. Situated on a substantial 50 x 100 ft lot, the possibilities are extensive. Whether you're envisioning a custom-built dream home, exploring the potential for lot severance into two separate building lots (subject to municipal approvals), or considering a duplex style development, this property offers a unique opportunity to maximize value in a neighbourhood experiencing continued growth and redevelopment. Step inside the existing three bedroom, two bathroom bungaloft, Enter directly through from your garden or driveway into the mudroom. The updated and modern kitchen has an area for dining and the attached sunroom offers additional space and direct access to your deck, to enjoy indoor/outdoor living! On this level, you will find a spacious living room, two bedrooms, and a two piece washroom. Head upstairs to your loft area featuring a bedroom and four piece bathroom. The choice is yours, live in the home, generate rental income, or hold the property while planning your future project. Surrounded by strong property values and ongoing investment, this is an excellent opportunity for homebuyers, builders, investors, and end users alike. Secure a versatile property in a sought-after location and unlock its full potential. Don't miss out on this property, book your showing today! RSA (id:66096)
Property Details
MLS®
40861428
Property Type
Vacant Land
Zoning
D
Frontage
50 ft
Basement
None
Ownership
Freehold
Property Tax
$3,800/yr
Listed
54 days ago
Services
Water
Municipal water
Sewer
Municipal sewage system
Utilities
Natural Gas
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
54d
Hamilton listings, avg age
65d
List price
$699K
Long Listed: 54 days on market, against an average age of 65 days across the listings currently for sale in this city
Market timing · days on market0 → 65d avg age of current listings
Long Listed · day 54
Haho
This vacant land in Hamilton has been listed for 54 days, which is 11 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L8R)
This home lists at $699,000, about 13.0× the local median household income of $53,600.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 155% 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)
$699,000
For sale
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