ATTENTION INVESTORS and DEVELOPERS!!! This is a golden opportunity to capitalize on Hamilton's thriving downtown real estate market. Rare opportunity to own a prime residential building lot in Central Hamilton! This corner property located at Cannon/Cathcart measures approximately 67' x 85'. The existing buildings on the site are vacant and their services have been disconnected, making them ready for demolition. The proposed development is a 6.5-storey apartment building consisting of 26 units. Site Plan Approval process is well underway. Furthermore, an Environmental Risk Assessment is being conducted and has been approved for reimbursement under the city's ERASE Redevelopment grant program. Zoned D5, this corner lot will give you the freedom to create the perfect investment property. Don't miss out on this chance to invest in a prime location with endless possibilities!
MLS# | 40663647 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 17 |
Listing Provided By | Keller Williams Signature Realty, Brokerage | Mark Loeffler |
Zoning | D5 |
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Province | ON |
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County | Hamilton |
City | Hamilton |
Postal Code | L8L 2A8 |
Area | 14 Hamilton Centre |
Subarea | 140 Beasley |
Community Name | 140 Beasley |
Listing VS Median (in 140 Beasley) | |
Price: $1,899,999 low | high Med: $3,000 On Site: 17 low | high Med: 26.500000 |