156 Concession 5 Road East, Hamilton | Image 1

156 Concession 5 Road East

Hamilton, Rural Flamborough

  • Commercial

$3,200,000
For Sale

Added 4 months ago

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  • Type: Farm

  • Property Type: Commercial

  • Zoning: A2, P7, P8

  • Age: No Data

  • Taxes: 3377.86

  • MLS®#: X8326422

  • Added: May 10, 2024 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

DO NOT WALK THE PROPERTY. Rarely available, prime location on the east of Hwy 6 provides immediate access to upscale Waterdown shopping, schools, recreation & other amenities. Opportunities abound for the savvy investor or owner-occupier. Four rental streams (two houses on property, one cell tower and farm land). HOUSE#1 (4BR, 2 BATH, 1937 sf incl. 3rd level of side split) rented yearly Business to Business. Very good condition with several updates in 2019 (new IKEA kitchen, flooring, windows, soffits & facia). The c.2003 roof needs replacing. House#2 (3BR, 1 BATH, 856sf) vacant with new roof (2020) & new kitchen. Owner est. $50K investment to prepare for new tenants. Industrial grade power (400A/600V/3PH) on property for major agri or commercial operators (eg Greenhouses). Or begin anew and construct a pristine Executive Home in an unmatched location, near desirable upscale conveniences, within a private natural setting.

Extras

*Legal Description cont'd: CD76028 ; S/T EF22197, IF ANY ; FLAMBOROUGH CITY OF HAMILTON SUBJECT TO AN EASEMENT IN GROSS OVER PART 2, 62R21250 AS IN WE1438155

Property

  • Status: Sale

  • Property Type: Farm

  • Property Type: Agricultural

  • Area: Hamilton

  • Community: Rural Flamborough

  • Availability Date: Immediate

  • Assessment Amount: $612,000

  • Assessment Year: 2024

Utilities

  • Utilities: Yes

Building

  • Water Supply: Well

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LOT 10, CONCESSION 4 EAST FLAMBOROUGH , AS IN*

  • Taxes: $3,378

  • Taxes Type: Annual

Land

  • Cross Street: Highway 6 & Concessi

  • Municipality District: Hamilton

  • Parcel Number: 175110051

  • Sewer: Septic

  • Lot Depth: 1802 Feet

  • Lot Frontage: 721.3 Feet

  • Zoning: A2, P7, P8

Commercial Specific

  • Total Area: 29.76

  • Total Area Metric: Acres

  • Lot Code: Lot

Map of 156 Concession 5 Road East, Hamilton
JK-5

Millgrove Public School

Elementary: Public
2.46 km
JK-8

Flamborough Centre School

Elementary: Public
2.01 km
JK-5

Mary Hopkins Public School

Elementary: Public
2.64 km
JK-8

Allan A Greenleaf Elementary

Elementary: Public
1.81 km
JK-8

Guardian Angels Catholic Elementary School

Elementary: Catholic
1.34 km
JK-8

Guy B Brown Elementary Public School

Elementary: Public
2.22 km
9-12

École secondaire Georges-P-Vanier

Secondary: Public
8.80 km
9-12

Aldershot High School

Secondary: Public
7.52 km
9-12

Dundas Valley Secondary School

Secondary: Public
9.94 km
9-12

St. Mary Catholic Secondary School

Secondary: Catholic
9.69 km
9-12

Waterdown District High School

Secondary: Public
1.73 km
Pre-Grade 9-12

Westdale Secondary School

Secondary: Public
9.32 km
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