$3,999,900
Available - For Sale
Listing ID: X12812952
3140-31 Binbrook Road , Hamilton, L0R 1C0, Hamilton
| 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. Zoned RM3-321 and fully serviced, the property is within walking distance of shopping, restaurants, and schools, and offers convenient access to Highway 403,Lincoln Alexander Parkway, and the QEW via Redhill. In addition to the current approvals, a more efficient site layout and building configuration may support an increased yield of approximately 44 townhouse units, subject to municipal approvals and the purchaser's own planning review and due diligence. With approximately 44,800 square feet of buildable area and an appraised value of $5,850,000 (2023), this is a rare opportunity for builders and developers seeking to meet strong demand for family housing in a growing community that blends small-town charm with big-city convenience. The seller can assist with financing. |
| Price | $3,999,900 |
| Taxes: | $15417.29 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 3140-31 Binbrook Road , Hamilton, L0R 1C0, Hamilton |
| Postal Code: | L0R 1C0 |
| Province/State: | Hamilton |
| Legal Description: | PART LOT 2 BLOCK 4 CONCESSION 3 BINBROOK |
| Directions/Cross Streets: | ON BINBROOK, NORTH OF HWY #56 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Use: | Residential |
| Building Percentage: | T |
| Total Area: | 85465.37 |
| Total Area Code: | Square Feet |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Washrooms: | 0 |
| Heat Type: | None |
| Central Air Conditioning: | No |
| Sewers: | Septic |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX PREMIER INC. |
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Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Binbrook |
| Tax: | $15,417.29 |
| Fireplace: | N |
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