$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

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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
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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

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