$2,999,990
( $126.17Per Sq Foot )
 $16,105 forsale estimated payment Sourced by Back At You

238 Dundas St E Street , Hamilton, ON L0R 2H4

Hamilton, ON L0R 2H4

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Description

This prime property in the heart of Waterdown is an incredible development-ready opportunity. With both Phase 1 and Phase 2 Environmental Assessments completed in June 2024, the property has a clean status, making it ideal for entrepreneurs, investors, or developers looking to capitalize on a high-demand location.Spanning 0.55 acres on a prominent corner lot on Dundas Street (Hwy 5), this property offers 2,400 square feet of flexible space that seamlessly combines commercial and residential possibilities. Zoned C5 for commercial use, it also includes a unique provision for auto sales and services, with over 60 surface parking spots, perfect for accommodating high traffic. This property has potential for those who want to live and work in one location or use it solely as a business investment.Attached to the commercial space is a charming residential unit with three bedrooms, three bathrooms, and three kitchens. This setup provides flexible options for rental income or housing for staff. Additionally, the City of Hamilton has indicated that future residential redevelopment may be possible, making this property even more appealing.With the current owner now retiring, this is a golden chance to secure a valuable asset in a fast-growing area. Don't miss this unique investment opportunity in Waterdown vibrant core! Phase 1 and 2 clean report available for review with a successful accepted conditional offer. please Contact Massara Khader (647-292-4125) for all showings Mkhader@cbci.ca

Details

Mls40673180
Listing TypeFor Sale
SubtypeResale
StatusActive
Days On Site33
Listing Provided ByColdwell Banker Commercial Integrity Real Estate | William Dejong

Features

Sq Feet23,777
BasementY
Storys2
ZoningC5
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 2 minutes ago
StateON
CountyHamilton
CityHamilton
Zip CodeL0R 2H4
Area46 Waterdown
Subarea460 Waterdown West
Community Name460 Waterdown West
Listing VS Median (in 460 Waterdown West)
Price:
$2,999,990
low | high
Med:
$3,175
100% of Average
SqFt:
23,777
low | high
Med:
1,750
100% of Average
$ / SqFt:
$126
low | high
Med:
$2
100% of Average
On Site:
33
low | high
Med:
33.000000
100% of Average
Sourced by Back At You
Listing Updated: November 15, 2024 at 9:50:55 PM PST