2544 Highway 56, Hamilton | Image 1

2544 Highway 56

Hamilton, Binbrook

  • Commercial

$X,XXX,XXX
For Sale

Added 1 week ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: C6 E:337 E:570

  • Age: No Data

  • Taxes: 3324

  • MLS®#: X10442803

  • Days on Site: 10 Days

  • Added: Nov 22, 2024 (1 week ago)

  • Updated:

  • Last Checked: 4 hours ago

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

Motivated seller. REDEVELOPMENT site. Existing district commercial zoning permits residential uses above commercial provided less than 50% of the total gross floor area of a building (max height 3 storey). UPSIDE POTENTIAL: To accommodate Hamilton's forecasted growth part of the City's plan is 'Up Zoning of Urban Corridors and major and minor arterial roads to the missing middle which is considered 12 storeys or less. Subject property is on a major arterial road, adjacent to retail amenities, and residential only on 1-side, is an ideal candidate for 'Up Zoning. Formal consultation comments back from the City encouraged a 6-storey, pedestrian focused development. Existing house on the property can be rented out for residential/retail/office for holding income and land held for future bump that comes with residential intensification.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Hamilton

  • Community: Binbrook

  • Availability Date: Immediate

  • Assessment Amount: $744,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1, BLK 4, CON 3 BINBROOK, AS IN VM52833 ; GLANBROOK CITY O

  • Taxes: $3,324

  • Taxes Type: Annual

Land

  • Cross Street: Fall Fair Way

  • Municipality District: Hamilton

  • Parcel Number: 173840200

  • Sewer: Septic

  • Lot Depth: 188.2 Feet

  • Lot Frontage: 145.6 Feet

  • Lot Irregularities: Merged under planning

  • Zoning: C6 E:337 E:570

Commercial Specific

  • Rail: N

  • Sprinklers: N

  • Total Area: 0.65

  • Total Area Metric: Acres

  • Lot Code: Lot

  • Survey: N

Map of 2544 Highway 56, Hamilton
1-8

École élémentaire Michaëlle Jean Elementary School

Elementary: Public
1.28 km
JK-8

Our Lady of the Assumption Catholic Elementary School

Elementary: Catholic
6.10 km
JK-8

St. Mark Catholic Elementary School

Elementary: Catholic
6.15 km
JK-8

Gatestone Elementary Public School

Elementary: Public
6.45 km
JK-8

St. Matthew Catholic Elementary School

Elementary: Catholic
1.17 km
JK-8

Bellmoore Public School

Elementary: Public
0.68 km
9-12

ÉSAC Mère-Teresa

Secondary: Catholic
10.12 km
9-12

Nora Henderson Secondary School

Secondary: Public
10.58 km
Pre-Grade 9-12

Glendale Secondary School

Secondary: Public
11.37 km
9-12

Saltfleet High School

Secondary: Public
6.86 km
9-12

St. Jean de Brebeuf Catholic Secondary School

Secondary: Catholic
9.89 km
9-12

Bishop Ryan Catholic Secondary School

Secondary: Catholic
6.45 km
Join or Sign in • See photos & sale data
Real estate boards require a verified account
 2544 Highway 56, Hamilton | MLS: X10442807
For Sale
1 week ago
$X,XXX,XXX
  • — bath
  • — bed

2544 Highway 56, Hamilton, Ontario • L0R 1C0 • Binbrook

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 2544 Highway 56, Hamilton | MLS: X10442810
For Sale
1 week ago
$X,XXX,XXX
  • — bath
  • — bed

2544 Highway 56, Hamilton, Ontario • L0R 1C0 • Binbrook

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 2544 Highway 56, Hamilton | MLS: X10442814
For Sale
1 week ago
$X,XXX,XXX
  • — bath
  • — bed

2544 Highway 56, Hamilton, Ontario • L0R 1C0 • Binbrook