Size
-
Lot size
523.23 sqm
Street frontage
E
Possession
Immediate
Price per sqm
-
Taxes
$17,403.96 (2023)
Parking Type
-
Style
-
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Description
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!
EXTRAS: With vacant existing buildings, ready for demolition and services already disconnected, the path is clear for the proposed 6.5-storey apartment building comprising 26 units.
EXTRAS: With vacant existing buildings, ready for demolition and services already disconnected, the path is clear for the proposed 6.5-storey apartment building comprising 26 units.
Broker: KELLER WILLIAMS SIGNATURE REALTY
MLS®#: X8171494
Property details
Parking:
-
Parking type:
-
Property type:
Vacant Land
Heating type:
-
Style:
-
MLS Size:
-
Lot front:
20.42 M
Lot depth:
25.6 M
Listed on:
Mar 25, 2024
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