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$799,000
Hamilton
719 Knox Avenue, Hamilton (Parkview), Ontario, L8H6K7
This lot in Hamilton is for sale. It has been on the market 7 days, fresher than the Hamilton average of 51 days.
Rare Opportunity on a Premium Lot in East Hamilton! This nearly 1-acre parcel lot offers endless potential for investors, builders, and savvy homebuyers. Situated in a rapidly evolving neighbourhood, the property features an existing home that can be lived in or rented out for income while planning development. Pre-approved zoning for the construction of up to 4 single-family homes, with exciting re-zoning potential for increased density. Municipal gas, water, and sewer lines are already connected! A major cost-saving advantage for future development. Located just minutes from the QEW and approximately 1 hour to the GTA, making it an ideal commuter location. Whether you're looking to develop immediately, land bank, or generate rental income, this property checks all the boxes. Don't miss your chance to invest in one of Hamiltons most promising growth pockets! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 7 days on market, against an average age of 51 days across the listings currently for sale in this city
This vacant land in Hamilton (Parkview) has been listed for 7 days, which is 44 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $799,000, about 11.4× the local median household income of $70,000.
Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8H)
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