For Sale

2311 Hwy 56, Hamilton, Ontario L0R1C0

$3,599,900

2311 Hwy 56, Hamilton, Ontario L0R1C0 is For Sale and has a listing price of 3,599,900. The property is located in the Flamborough neighbourhood. It's been on the website for 85 Days.

  • Vacant Land
    Property Type
  • 8
    Parking Spaces
  • MLS ID: X8487138
  • Office Name SAM MCDADI REAL ESTATE INC.,SAM MCDADI REAL ESTATE
Property Description

Opportunity Knocks!! This Exceptional 5.54 Acre Property Resides in Prime & Growing Downtown Binbrook Community in Great City of Hamilton Ideal for Builders/Developers/Investors or Build Your Own Custom Home while Carving out a Land Investment for the Future. Fronting on Main Road Hwy 56, the Rear Parcel of Land Abuts New Residential Development and Surrounding area has seen great multi purpose urban developments, and the town continues to grow. Property Features a Bungalow Home with 4 Beds, 2 Baths and Walkout Basement which you could rent, renovate or build new + Bonus Large Concrete Block Workshop approx 30ft x 60ft with 14ft ceiling heights and Concrete Floors Could Provide Storage Income + 2 Driveway Entrances & Horse Barns all on Beautiful Landscape. This prime real estate offers unparalleled potential for future development, making it an ideal investment for developers and visionaries looking to capitalize on the area’s expansion. The property encompasses a generous plot of land, flat topography and provides ample space for a variety of future development proposals. Great proximity to major highways, shops, schools urban centres makes this a great investment. Great Opportunity to Invest Now & With ongoing developments and planned projects for the future in the region, this property is poised to appreciate in value. Endless Options with this Great Parcel. **** EXTRAS **** Buyer’s to perform own due diligence pertaining to property’s current zoning, permitted present & future uses. Sold As Is. (id:43137)

Property Details
  • MLS ID: X8487138
  • Price: $3,599,900
  • Transaction Types: For Sale
  • Ref ID: 27103351
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
06/28/2024 X8487138 $3,999,999 For Sale - -
06/13/2024 X8439608 $3,599,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Flamborough
  • $1,507,345 Average List Price
    based on 1 year
  • 362 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.14 % Up
  • Sold (12mo) 290
  • Rented (12mo) 194

  • 1 Month Change +17.8%
  • 3 Month Change +11.2%
  • 6 Month Change -3.8%
Walkscore
Property Type Distribution
  • All Houses
    66.59%
  • All Houses/Commercial
    0.02%
  • Commercial
    9.9%
  • Condo
    22.62%
  • Land for Sale
    0.87%
Additional Details
  • Total Parking Spaces: 8
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 28/06/2024 00:00:00
  • Zoning Eh
  • Agent Name: SAM ALLAN MCDADI,BRUNO MIGUEL GOMES
  • Last Updated: 04/09/2024 04:17:14
Open House Dates
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