A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 3053 HIGHWAY 56 Highway, Hamilton Ontario L0R 1C0
Re-listed 114 days ago

3053 HIGHWAY 56 Highway, Hamilton, Ontario L0R 1C0

Land
-
-
~0.279 sqft
$•••,•••
$650,000
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Up to
$3,250Cashback
Land
-
-
~0.279 sqft

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Highlights

Property Estimate

Days on market114 days

Total days on market
298 days

Estimated valueNot available

Price/Sqft$2,329,749/sqft

Monthly cost

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CMA Subject Property

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+17

Properties sold*

$732K

Median sold price*

*Based on last 30 days

Description

ATTENTION INVESTORS: Prime Investment Opportunity in Downtown Binbrook!Unlock the potential of this expansive lot in the heart of Binbrook's growing commercial district! Zoned C5A for mixed-use, including residential, this property offers endless development possibilities whether you envision a residential home, retail storefront, office space or a multi-use complex.With a high-visibility location and a growing community, this is a rare chance to invest in a versatile property that can adapt to various business and residential needs. The true value is in the land dont miss out on this exceptional opportunity!


Property Details

StyleDesignated
View-
Age of property-
SqFt~0.279 SqFt
Lot Size11,826 SqFt(166.57 x 71)
Parking Spaces-
MLS ®NumberX12016399
Community NameBinbrook
Data SourceTRREB
Listing byEXP REALTY

Features

Basement: N

Features

Lot size: 11,826 SqFt

Market Data - Binbrook

Geo Zone Map ThumbnailBinbrook

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

44 days

Compared to

2024

75 days

2023

20 days

2022

18 days

New Listings

Past 30 days

25 listings

Compared to

2024

33 listings

2023

30 listings

2022

53 listings

Units sold

Past 30 days

13 units

Compared to

2024

17 units

2023

32 units

2022

16 units

Median Sold Price

Past 30 days

$755,000

Compared to

2024

$731,638

2023

$840,000

2022

$837,450


Population and Demographics

Overview

Total population 2056
Average household income $137,614

Age (%)

0 to 19
35%
20 to 34
16%
35 to 49
29%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget