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Home ON Greater Hamilton Hamilton Glanbrook
1411 #56 Highway
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$1,995,000
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1411 #56 Highway
Glanbrook, Ontario L0R1P0

MLS® Number: H4136989

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Description

PLEASE do not go direct. Barn & house are TENANT OCCUPIED. Property can be viewed from Hwy#56 VALUE IN THE LAND. Attention developers and investors! 29.67 Acres (3 parcels includes 1711 #56 Hwy)“Preferred location for growth and opportunity." Currently Greenbelt. - The City of Hamilton is growing and the population is projected to increase to 660,000 by 2031. This property falls in Hannon area, the corridor between the growing Binbrook area & the Elfrida development area, which has been identified as the preferred location to accommodate new growth. This property comes with a long term tenant. Currently lease with less than 3 years remaining at an increasing rate from the current $48,000 /year to over $55,000 per year. This lease MUST be assumed & has an option for 5 year renewal. (28702644)

Location Description

RURAL

Property Summary

Property Type
Vacant Land
Land Size
as per legal description|25 - 50 acres
Annual Property Taxes
$1,704.53
Total Parking Spaces
0
Time on REALTOR.ca
51 days

Building

Interior Features
Basement Type
None
Building Features
Features
Golf course/parkland, Country residential
Floor Space
1500 sqft
Exterior Features
Exterior Building Size
1500 sqft
Business
Business Type
Other
Neighbourhood Features
Amenities Nearby
Golf Course
Parking
Total Parking Spaces
0

Land

Lot Features
Frontage
682 ft
Other Property Information
Zoning Description
A1
Data provided by: REALTORS® Association of Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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