2544 Hwy 56 N/A, Hamilton, ON Image 1

$1,150,000

$1,290,000
10.9% dropped

Last price change Apr 11

Office For Sale
MLS - #X10442807
Apr 11- By AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

2544 Hwy 56 N/A, Hamilton, ON L0R 1C0

Bed
Bath
0.645 Sqft.
Outside/Surface Garage

Property Description

Property type

Office

Lot size

N/A

Style

Approx. Area

0.645 Sqft

About 2544 Hwy 56 N/A

Motivated seller. REDEVELOPMENT site or convert house to office or retail and capture intensification up lift in the future. EXISITNG: "District Commercial" zoning and secondary plan designation permitting retail, personal service, financial establishment, offices, restaurants, medical clinics, studios, places of assembly, and motor vehicle related uses (including gas). Residential uses permitted 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 received back from the City, if apartment style residential is pursued, encouraged a 6-Storey pedestrian oriented building.

Home Overview

Last updated

Apr 11

Virtual tour

None

Basement information

Building size

0.645

Status

In-Active

Property sub type

Office

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
115000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 2544 Hwy 56 N/A

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4392.22/ month
$920,000 Principal and Interest

Some information about this property - Hwy 56 N/A

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