156 Concession 5 Road For Sale

Hamilton, Waterdown East, L8B 1K5

$3,190,000

Description

Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP.

DO NOT WALK THE PROPERTY. Rarely available, prime location on the east of Hwy 6 provides immediate access to upscale Waterdown shopping, schools, recreation & other amenities. Opportunities abound for the savvy investor or owner-occupier. Four rental streams (two houses on property, one cell tower and farm land). HOUSE#1 (4BR, 2 BATH, 1937 sf incl. 3rd level of side split) rented yearly Business to Business. Very good condition with several updates in 2019 (new IKEA kitchen, flooring, windows, soffits & facia). The c.2003 roof needs replacing. House#2 (3BR, 1 BATH, 856sf) vacant with new roof (2020) & new kitchen. Owner est. $50K investment to prepare for new tenants. Industrial grade power (400A/600V/3PH) on property for major agri or commercial operators (eg Greenhouses). Or begin anew and construct a pristine Executive Home in an unmatched location, near desirable upscale conveniences, within a private natural setting.

House#1 Rented Year To Year, House#2 Vacant. Kitchen Appliances In Both Houses. Washer & Dryer In House #1.

Location

View Map
  • Address: 156 Concession 5 Road
  • Neighborhood: Waterdown East
  • City: Hamilton
  • State: ON
  • Postal Code: L8B 1K5

Property Details

  • Property ID: 40681281
  • Property Price: $3,190,000
  • Style: Residential, Land
  • Taxes: $3,377.86 (2024)
  • Acreage: 29.76 Acres
  • Lot: 1902x721.30 (Acres)
  • Exposure: South

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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100