1411 #56 Highway

PLEASE do not go direct. Barn & house are TENANT OCCUPIED. Property can be viewed from Hwy#56 VALUE IN THE LAND. Attention developers and investors! 29.67 Acres (3 parcels)“Preferred location for growth and opportunity Currently Greenbelt- The City of Hamilton is growing and the population is projected to increase to 660,000 by 2031. This property falls in Hannon area, the corridor between the growing Binbrook area & the Elfrida development area, which has been identified as the preferred location to accommodate new growth. This property comes with a long term tenant. Currently leases with up to 3 years remaining at an increasing rate from the current $48,000 /year to over $55,000 per year. This lease MUST be assumed & has an option for renewal.