2 days on Market

97 5th Concession Rd, Hamilton, Ontario L8B 1K4

Detached
5
5
~6364 sqft
$8,250,000
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Detached
5
5
~6364 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$1,296/sqft

Monthly cost

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Description

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.


Property Details

StyleGothic Revival
View-
Age of property1978
SqFt~6364 SqFt
Lot Size482,366 Ac(1381.9 x 349.06)
Parking Spaces58
MLS ®Number40876834
Community NameFlamborough
Data SourceITSO
Listing byRE/MAX Escarpment Realty Inc.

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished

Main Floor

Family Room

8.56 x 11.13

Kitchen

8.69 x 3.76

Bathroom

1.98 x 2.87

3-Piece

Living Room

6.53 x 13.74


Features

Lot size: 482,366 Ac
Septic Tank

Parking

Garage spaces 8

Garage type -

Other parking spaces 50

Total parking spaces 58


Property History

Nov 5, 2026
ListedActive
$8,250,000
2 days on market
history photo preview50
Listing by itso®
Property listed by RE/MAX Escarpment Realty Inc., Brokerage
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Market Data - Flamborough

Geo Zone Map ThumbnailFlamborough

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

48 days

Compared to

2025

40 days

2024

50 days

2023

49 days

New Listings

Past 30 days

96 listings

Compared to

2025

93 listings

2024

117 listings

2023

118 listings

Units sold

Past 30 days

27 units

Compared to

2025

34 units

2024

48 units

2023

34 units

Median Sold Price

Past 30 days

$1,030,000

Compared to

2025

$1,086,250

2024

$1,210,000

2023

$1,095,000


Population and Demographics

Overview

Total population 46428
Average household income $164,302

Age (%)

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

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget