Overview

This lot in Hamilton is for sale. It has been on the market 26 days, fresher than the Hamilton average of 65 days.

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Description

Exceptional opportunity to acquire a vacant commercial lot in a vibrant, high visibility location with C6 zoning, offering a wide range of potential development opportunities. Significant site preparation and pre-development work has already been completed, creating a clean and versatile canvas ready for future construction. The property has undergone demolition, backfill, grading, and site work, with valuable infrastructure improvements already in place. Utilities including hydro, gas, and sewer are available to the site, with sanitary and storm services previously installed and capped for future use. A Phase 1 Environmental assessment was completed approximately one year ago. No lease currently in place. A rare opportunity for developers, investors, or end users to secure a well-prepared commercial parcel with extensive groundwork already completed. (id:66096)

Property Details

MLS®: 40870368
Property Type: Vacant Land
Zoning: C6
Frontage: 119 ft
Basement: None
Ownership: Freehold
Property Tax: $3,969/yr
Listed: 26 days ago

Services

Water: Municipal water
Sewer: Municipal sewage system, Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Hamilton listings, avg age

65d

List price

$2M

Haho

This vacant land in Hamilton has been listed for 26 days, which is 39 days fresher than the city average of 65. Act while there is still low competition.

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Listed by RE/MAX Escarpment Golfi Realty Inc. · Rob Golfi

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8P)

This home lists at $2,000,000, about 34.5× the local median household income of $58,000.

Carrying it typically needs a household income of about $390,670 (20% down, 25-yr amortization, stress-tested) — roughly 574% above the area median.

Median household income: $58,000
Population: 24,773
Median age: 38.8
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA L8P)

$2,000,000

For sale

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Financing

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210 DUNDURN Street South, Hamilton - Vacant Land for Sale