Description

Great industrial property located in South Redhill Business Park, zoned M3 prestige industrial allowing for many uses (see details of permitted uses attached). Property has a 3 bedroom home presently being used as offices and storage yard. 338 Trinity Church Road must be purchased with 328 Trinity Church Road. Properties when combined will be just over 2 acres, great for mid level to large business operations providing flexibility in one of Hamiltons fastest developing industrial corridors. Property is minutes to Lincoln Alexander Pkwy and Redhill Valley Pkwy with easy connection to the QEW and 403. (id:66096)

Property Details

MLS®: 40867575
Property Type: Industrial
Zoning: M3
Interior Size: 2,137 ft²
Frontage: 125 ft
Building Area: 2,137 ft²
Storeys: 2
Basement: Partial
Ownership: Freehold
Property Tax: $18,344/yr
Listed: 36 days ago

Features

Exterior: Aluminum siding, Metal

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Hamilton listings, avg age

65d

Price / ft²

$585

List price

$1.25M

Haho

This industrial in Hamilton has been listed for 36 days, which is 29 days fresher than the city average of 65. Act while there is still low competition.

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Area context

Neighbourhood profile (L0R)

This home lists at $1,249,900, about 11.4× the local median household income of $110,000.

Carrying it typically needs a household income of about $244,149 (20% down, 25-yr amortization, stress-tested) — roughly 122% 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)

$1,249,900· $585/ft²

For sale

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Financing

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338 TRINITY CHURCH Road, Hamilton - Industrial for Sale