3140 Binbrook Road, Hamilton, ON Image 1

$4,200,000

$4,500,000
6.7% dropped

Last price change Apr 11

Land For Sale
MLS - #X12038322
1 day ago- By RE/MAX PREMIER INC.

3140 Binbrook Road, Hamilton, ON L0R 1C0

Bed
Bath
85465.37 Sqft.

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

85465.37 Sqft

About 3140 Binbrook Road

Discover a prime residential development opportunity in the heart of Binbrook, one of Hamilton's fastest-growing communities. This 1.962-acre site at 3140-3150 Binbrook Road is draft-plan approved for 24 townhome units, each featuring three bedrooms and three bathrooms, with additional potential for three single detached lots on the northern portion. Situated in a highly desirable location, this property offers complete municipal services. It is within walking distance of shopping, restaurants, and schools, providing easy access to Highway 403,Lincoln Alexander Parkway, and the QEW via Redhill. Zoned RM3-321, this site supports medium-density residential development, making it an ideal investment for builders and developers looking to meet the strong demand for family housing in this thriving area. With a total buildable area of approximately 44,800 square feet and appraised at $5,850,000 as of2023, this is a rare opportunity to develop in a growing neighbourhood with small-town charm and big-city convenience.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Building size

85465.37

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

2025

Additional Details

Basement:N/A
Cooling:No
Heating:None
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
420000000.0%
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 3140 Binbrook Road

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$16041.15/ month
$3,360,000 Principal and Interest

Some information about this property - Binbrook Road

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