2311 Hwy 56

Hamilton | Rural Glanbrook | L0R 1C0
  • 4
  • 2
  • 0

Ask: $3,999,999 $3,599,900

Est. Mtg $12,206 /mo
  • Days on market

    108

  • Status

    Pc

Listing Broker SAM MCDADI REAL ESTATE INC.
Since listed: 3 views

Home details

MLS #:

X8439608

Property type:
Detached
Style:
Bungalow
Taxes:
$4,900
Possession:
FLEXIBLE
Lot Front:
270.54   Feet
Lot Depth:
650.3   Feet
Basement:
Full | Walk-Up
Driveway Pkg:
10
Heat:
Gas | Forced Air

Description


2311 Hwy 56, , Hamilton, Ontario is a Detached property in Hamilton and in the Rural Glanbrook community in the L0R 1C0 postal code


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..

Extras

Buyer's to perform own due diligence pertaining to property's current zoning, permitted present & future uses. Sold As Is..


History

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List Date End Date List Price End Price Status MLS #
2024-06 2024-09 $3,999,999 $3,599,900 Pc X8439608
2024-09 $3,999,999 $3,599,900 X8487138

Comparables

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sold Date Address List Price sold Price DOM
2023-04 608-620 Glover Rd, $999,000 $1,110,000 8
2022-11 2471 Guyatt Rd, $2,290,000 $1,950,000 18
2021-11 3212 Westbrook Rd, $1,499,000 $1,450,000 59
2021-07 608-620 Glover Rd, $799,000 $901,000 4
2021-06 340 Golf Club Rd, $2,799,950 $2,450,000 15
2021-03 1246 Fletcher Rd, $1,149,000 $1,140,000 4
2019-05 7260 Haldibrook Rd, $1,050,000 $1,000,000 7
2018-09 4303 Golf Club Rd, $999,900 $960,000 131

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Hamilton :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
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Sale $ / List $
Year on Year Growth


Estimated running costs for 2311 Hwy 56

Based on available 3rd party data

$12749

Approximate costs per month

Mortgage
$12206 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$408 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Park
  • Ravine
  • Rec Centre
  • School
  • Wooded/Treed
Listing Broker SAM MCDADI REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$12614 monthly. In association with: TD Bank
%
  • Principal and Interest
    12206 /mo
  • Property Taxes
    $408 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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