3140-3150 Binbrook Road, Hamilton, ON, L0R 1C0

CAD 3,650,000
For Sale MLS: X13091216

Property Details

Property Type

Land

Description

Property Details: - Type: Land - Bedrooms: 0 - Bathrooms: 0 - MLS#: X13091216 Listed By: RE/MAX PREMIER INC.

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 potential for three single-detached lots in 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, the Lincoln Alexander Parkway, and the QEW via Red Hill. 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. This land home located at 3140-3150 Binbrook Road, Hamilton is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $3,650,000 with an estimated mortgage of $13,435* per month. It has beds, bathrooms, and is 85,465 square feet. 3140-3150 Binbrook Road, Hamilton is in the Binbrook neighborhood Hamilton. OT Other, Rural Glanbrook and Stripley are nearby neighborhoods.

Location

Address

3140-3150 Binbrook Road, Hamilton, ON, L0R 1C0

City

Hamilton

Features and Finishes

None

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