$3,200,000

156 Concession 5 Rd E

Rural Flamborough, Hamilton, Ontario, L8B 1K5

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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.

Property Info
MLS®: X8326422
Listing Courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Total Bedrooms 0
Total Bathrooms 0
Floor Space 0 sq.ft.
Lot Size 1299783 sq.ft.
Style other
Last Updated 2024-05-10
Property Type Farm
Listed Price $3,200,000
Unit Pricing $3,200,000/sq.ft.
Strata Fee $0.00
Tax Estimate $3,378/Year
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