2311 Hwy 56, Hamilton, Ontario L0R 1C0
Contact us about this property
Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$1,395,000*
Price/Sqft-
Days On Market49 days
Est. Mortgage$15,460/mth
Tax Amount (2023)$4,900/yr
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.
Property Details
Interior
Features
Main Floor
Kitchen
5.49 x 3.35Living
5.79 x 3.66Dining
2.84 x 3.35Prim Bdrm
4.57 x 4.27Exterior
Features
Parking
Garage spaces 8
Garage type Detached
Other parking spaces 10
Total parking spaces 18
Property History
35Get up to 1% cashback when you buy your dream home with Wahi Cashback
A new way to buy a home that puts cash back in your pocket.
- Our in-house Realtors do more deals and bring that negotiating power into your corner
- We leverage technology to get you more insights, move faster and simplify the process
- Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home