$3,200,000
FOR SALE

Commercial Farm

Lot: 721.3 x 1,802 ftTotal Area: 29.76 acres
2024 Taxes: $3,377.86

156 Concession 5 Rd E
Hamilton, ON L8B 1K5 | Rural Flamborough

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 (4BR, 2 BATH, 1937 sf incl. 3rd level of side split) rented yearly Business to Business. Very good condition with several updates in 2019 (new IKEA kitchen, flooring, windows, soffits & facia). The c.2003 roof needs replacing. House#2 (3BR, 1 BATH, 856sf) vacant with new roof (2020) & new kitchen. Owner est. $50K investment to prepare for new tenants. Industrial grade power (400A/600V/3PH) on property for major agri or commercial operators (eg Greenhouses). Or begin anew and construct a pristine Executive Home in an unmatched location, near desirable upscale conveniences, within a private natural setting.
Extras
*Legal Description cont'd: CD76028 ; S/T EF22197, IF ANY ; FLAMBOROUGH CITY OF HAMILTON SUBJECT TO AN EASEMENT IN GROSS OVER PART 2, 62R21250 AS IN WE1438155
Share
Listed By AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8326422
Last Updated May 10, 2024
Property Summary
Property Type Commercial Farm

More like this:
Category Agricultural
PIN 175110051
Legal Description PT LOT 10, CONCESSION 4 EAST FLAMBOROUGH , AS IN*
Occupancy Vacant
Possession Date Immediate
Taxes (2024) $3,377.86
Tax Type Annual
Assessment (2024) $612,000
Directions/Cross Streets Highway 6 & Concession Rd 5 E
Neighbourhood Rural Flamborough
Area Hamilton
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 721.3 x 1,802 ft
Total Area 29.76 acres
Sewers Septic
Utilities Y
Water Well
Lot/Bldg/Unit Code Lot
Zoning A2, P7, P8
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)