A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 719 Knox Ave, Hamilton Ontario L8H 6K7
5 days on Market

719 Knox Ave, Hamilton, Ontario L8H 6K7

Land
-
-
~33960 sqft
$799,999
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Land
-
-
~33960 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$23/sqft

Est. Mortgage$3,436/mo

Tax Amount (2024)$3,813/yr

Days On Market5 days


Description

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 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!


Property Details

StyleDesignated
View-
Age of property-
SqFt~33960 SqFt
Lot Size4,557 SqFt(210 x 21.7)
Parking Spaces-
MLS ®NumberX12204888
Community NameParkview West
Data SourceTRREB
Listing byRE/MAX METROPOLIS REALTY

Features

Cooling: Y
Basement: Y

Features

Lot size: 4,557 SqFt

Property listed by RE/MAX METROPOLIS REALTY, Brokerage

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Market Data - Parkview West

Geo Zone Map ThumbnailParkview West

Strong Buyer's Market

View Market Data

Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

31 days

2023

10 days

2022

0 day

New Listings

Past 30 days

9 listings

Compared to

2024

7 listings

2023

7 listings

2022

8 listings

Units sold

Past 30 days

3 units

Compared to

2024

4 units

2023

3 units

2022

0 unit

Median Sold Price

Past 30 days

$565,000

Compared to

2024

$530,000

2023

$651,000


Population and Demographics

Overview

Total population 785
Average household income $97,139

Age (%)

50 to 64
26%
20 to 34
21%
0 to 19
18%
35 to 49
18%
65 and plus
17%

Household composition (%)

Single family
61%
Single person
32%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
87%
Others
5%
Portuguese
2%
French
2%

House tenancy (%)

Owners
72%
Renters
28%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget