



$8,250,000
Hamilton
97 5TH CONCESSION Road East, Hamilton, Ontario, L8B1K4
This other in Hamilton is for sale. It has been on the market 0 days, fresher than the Hamilton average of 65 days.
Purpose-built shell for a licensed cannabis/mushroom/vertical producer, minutes north of Waterdown with fast Hwy 6 access to the 401/403/407. The centrepiece of this 9.67-acre A2-zoned site is a never-used 20,000 sq ft (250' x 80') insulated building designed and previously approved for indoor cannabis cultivation. It already has the infrastructure growers spend the most time and money on: a 400 sq ft Level 9 walk-in vault for secure product storage, 600-volt 3-phase power, natural gas heat, water service, two 20' x 80' mezzanines for drying, processing or office space, a 12' x 14' truck door and 5-man doors. You can design the interior around your own cultivation plan instead of tearing out someone else’s. A 250 KW roof-mounted solar system brings in approx. $260,000 a year in contracted revenue (approx. 9 years remaining), offsetting operating costs from day one. A second 8,000 sq ft insulated utility building adds room for packaging, equipment, supply storage or expansion. The approx. 8,250 sq ft residence including indoor pool, set well back on a paved tree-lined drive, can serve as head office, staff quarters or an on-site owner’s residence, making this a secure, self-contained campus. A rare chance to skip years of land search, rezoning and construction and go straight to licensing. Don’t be TOO LATE*! *REG TM. RSA. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 65 days across the listings currently for sale in this city
This other in Hamilton has been listed for 0 days, which is 65 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 $8,250,000, about 63.0× the local median household income of $131,000.
Carrying it typically needs a household income of about $1,611,514 (20% down, 25-yr amortization, stress-tested) — roughly 1130% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8B)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →