Hamilton, Dundas, L9H 2L6
$499,000
Listed by REAL BROKER ONTARIO LTD..
Welcome to 243 Mill Street, a charming 3-bedroom bungalow in the heart of Dundas, Ontario. This home is an incredible opportunity for a homebuyer to make it their primary residence or an investor developer for commercial opportunities. This property, zoned R2 as per the City of Hamilton, offers versatile development options, including Duplex Dwelling, Fourplex Dwelling, Lodging House, Residential Care Facility, Retirement Home, Semi-Detached Dwelling, Single Detached Dwelling, Street Townhouse Dwelling, Triplex Dwelling, Community Garden, Day Nursery or Urban Farm (subject to municipal approvals). Nestled on a generous lot, the existing structure provides a foundation for renovation or redevelopment. Walking distance to downtown Dundas, this property offers easy access to charming shops, cafes, restaurants, and public transportation. Close to excellent schools, parks, and recreational facilities, the location ensures a high quality of life for future occupants. Dundas is known for its natural beauty, including nearby conservation areas and hiking trails, and boasts a strong sense of community with local events, farmers' markets, and cultural festivals. The property's prime location and R2 zoning present an excellent opportunity. Do not miss out on this exceptional investment opportunity!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.