Presenting a rare and exceptional opportunity for a savvy developer or builder to capitalize on a premium corner site in the heart of the rapidly evolving Barton Village. This proposed development features a 4-storey residential apartment building, with plans for approximately 33 units and a gross buildable area of around 30,000 sq. ft., situated on an existing 7,000 sq. ft. lot. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. The proposed mixed-use design includes a ground-level commercial space, with three additional floors offering 9 one-bedroom units per floor, featuring an efficient walk-up design with a shared outdoor corridor. This project promises stable returns, a dynamic location, and long-term growth potential.
MLS# | X11824000 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Sold Conditional |
Days On Site | 54 |
Listing Provided By | KINGSWAY REAL ESTATE | Not Provided |
SQ Feet | 30,000 |
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State | ON |
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County | Hamilton |
City | Hamilton |
Zip Code | L8Z 3A3 |
Area | Gibson |
Listing VS Median (in L8Z 3A3) | |
Price: $1,499,000 low | high Med: $1,499,000 SqFt: 30,000 low | high Med: 18,500 $ / SqFt: $50 low | high Med: $132 On Site: 54 low | high Med: 54.000000 |