Irregular rural property with approximately 270 ft frontage on Regional Road 56, improved with a 1,536-sq. -ft. bungalow, ___also, there is 30' x 60' (1,800-sq. -ft. ) detached brick Workshop/Garage with 14-ft ceiling and oversized overhead door, ___Additional Barn/ Accessory Storage Structures, ___fenced paddock/pasture areas, ___substantial open field/yard area, large, gravelled area and two existing Highway 56 driveways. ___Property is presently serviced by private well and septic.
Attention Builders, Developers, Investors & Dream-Home Seekers! An incredible opportunity awaits w/ this rare 5.54-acre parcel in the heart of Binbrook, one of Ontarios fastest-growing communities. Surrounded by new residential & multi-purpose developments, this prime piece of real estate offers endless potential. 4 bdrm, 2 bath bungalow w/ walkout basement currently on the property, opportunity to rent or live in while planning your next move. Includes massive 30' x 60' detached workshop/garage w/ 14ft ceilings & concrete floors, horse barns, ample parking & 2 driveways. With flat topography & generous frontage, the land offers a versatile canvas for future residential or multi-use development proposals. Close proximity to all amenities makes it a convenient & strategic investment. Rare & valuable opportunity to invest in a region experiencing rapid growth. Continued development & infrastructure plans underway in the surrounding area, this parcel is poised for strong appreciation.
TREB #X8439608
Jul 18, 2024
Price Changed
$3,599,900
Jun 13, 2024
Listed
$3,999,999
+30
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. Buyer's to perform own due diligence pertaining to property's current zoning, permitted present & future uses. Sold As Is.
As the MLS and public records start to fill up, we'll list the details here.