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Property 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!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-25 | 2024-02-25 | 153 | $1,950,000 | - | Expired |
| 2023-07-28 | 2023-09-25 | 59 | $2,100,000 | - | Terminated |
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.
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Property Details
Street
Community
City
Property Type
Vacant Land
Lot Size
67' x 84'
Acreage
< .50
Fronting
East
Taxes
$17,404 (2023)
Heat Type
None
Air Conditioning
None
Water
Municipal
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Listing contracted with Keller Williams Signature Realty
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