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$1,100,000
Hamilton
867 Jerseyville Road West, Hamilton, Ontario, L0R1R0
This 3-bedroom, 1-bathroom home in Hamilton is for sale offering roughly 1,300 sq ft of space. It has been on the market 5 days, fresher than the Hamilton average of 65 days.
Attention investors, developers, families looking for their dream home, rare income and development opportunity in Ancaster, two properties combined into one.! Set on approximately in 4.55 acres in the prestigious Sulphur Springs community, this versatile property features a decent detached house on a massive lot, large detached garage/shop and multiple income streams, offering exceptional cash flow and long-term investment potential. Zoned Rural (A2), it permits a wide range of uses, including agricultural operations, agritourism, home industry, kennel facilities, processing operations, specialty farming, and potential for a Cannabis Growing and Harvesting Facility with up to 2,000 sq. ft. of new construction, subject to approvals. The detached home features three bedrooms and one bathroom, creating excellent rental or multi-generational living opportunities. A 60' x 40' workshop/garage adds valuable space for business, storage, or future uses. Just minutes from Highway 403, Ancaster Village, top-rated schools, and conservation trails, this is a rare opportunity to secure a flexible, income-producing property in one of Ancaster's most desirable communities. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 5 days on market, against an average age of 65 days across the listings currently for sale in this city
This 3-bed single family in Hamilton has been listed for 5 days, which is 60 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,100,000, about 10.0× the local median household income of $110,000.
Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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