Frontside or backside of a home, cottage for 156 Concession 5 Rd, Hamilton Ontario L9B 1K5
66 days on Market

156 Concession 5 Rd, Hamilton, Ontario L9B 1K5

Detached
3
2 + 1
~1937 sqft
$3,190,000
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Detached
3
2 + 1
~1937 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,646/sqft

Est. Mortgage$13,700/mo

Tax Amount (2024)$3,378/yr

Days On Market66 days


Description

DO NOT WALK THE PROPERTY. Rarely available, prime location on the east of Hwy 6 provides immediate access to upscale Waterdown shopping, schools, recreation & other amenities. Opportunities abound for the savvy investor or owner-occupier. Four rental streams (two houses on property, one cell tower and farm land). HOUSE#1 (1937 sf, incl. 3rd level of side split) rented B2B. Very good condition with several updates in 2019 (new IKEA kitchen, flooring, windows, soffits & facia). The c.2003 roof needs replacing. House#2 (856sf) vacant with new roof (2020) & new kitchen. Owner est. $50K investment to prepare for new tenants. Industrial grade power (400A/600V/3PH) on site for major agri or commercial operators (eg Greenhouses). Or begin anew and construct a pristine Executive Home in an unmatched location, near upscale conveniences, within a private natural setting.


Property Details

StyleSidesplit
View-
Age of property-
SqFt~1937 SqFt
Lot Size1,371,912 Ac(1902 x 721.3)
Parking Spaces2
MLS ®Number40681313
Community NameFlamborough
Data SourceITSO
Listing byAVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Unfinished, Sump Pump

Basement Floor

Basement

4.42 x 7.19


Features

Lot size: 1,371,912 Ac
Septic Tank

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

Nov 26, 2024
ListedActive
$3,190,000
66 days on market
history photo preview12
Listing by itso®
Property listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP, Brokerage

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Population and Demographics

Overview

Total population 46428
Average household income $164,302

Age (%)

0 to 19
24%
50 to 64
23%
35 to 49
20%
20 to 34
17%
65 and plus
17%

Household composition (%)

Single family
80%
Single person
17%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
89%
Others
9%

House tenancy (%)

Owners
88%
Renters
12%

Schools and amenities

Estimated Budget