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103 days on Market

3053 Highway 56, Binbrook, Ontario L0R 1C0

Detached
1
1
~1214 sqft
$649,888
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Detached
1
1
~1214 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$535/sqft

Est. Mortgage$2,791/mo

Tax Amount (2023)$3,853/yr

Days On Market103 days


Description

Attention all investors: Seize a rare prime investment opportunity located on Highway 56 in the heart of Downtown Binbrook's commercial district. This expansive 71x166 foot lot is zoned C5A, with an official plan designation for mixed-use, including residential. The property offers a wide range of permitted uses, making it a versatile addition to your portfolio. With countless development possibilities, the value is in the land. Don't miss out - secure our stake in a high-growth area today! Please note that the sellers make no representations or warranties; buyers are encouraged to conduct their own due diligence. RSA.


Property Details

Style1.5 Storey
View-
Age of property-
SqFt~1214 SqFt
Lot Size11,826 SqFt(166.57 x 71)
Parking Spaces3
MLS ®NumberXH4206548
Community NameBinbrook
Data SourceITSO
Listing byHomelife Professionals Realty Inc.

Features

Heating: Natural Gas, Other

Main Floor

Dining Room

11 x 16

Kitchen

12 x 11

Bedroom

10 x 12

Living Room

13 x 16


Features

Lot size: 11,826 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 2

Total parking spaces 3


Property listed by Homelife Professionals Realty Inc., Brokerage

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Population and Demographics

Overview

Total population 2056
Average household income $137,614

Age (%)

0 to 19
35%
35 to 49
29%
20 to 34
16%
50 to 64
11%
65 and plus
9%

Household composition (%)

Single family
85%
Single person
13%
Multi person
1%
Multi family
0%

Mother tongue (%)

English
84%
Portuguese
2%
Spanish
2%
Arabic
2%
Polish
2%
Italian
1%
Urdu
1%
Punjabi (Panjabi)
1%
French
1%
Others
0%

House tenancy (%)

Owners
91%
Renters
9%

Schools and amenities

Estimated Budget