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. (id:61015)
| Business Type | Residential |
| Business Sub Type | Residential |
| MLS® Number | X13091216 |
| Property Type | Vacant Land |
| Community Name | Binbrook |
| Cooling Type | None |
| Heating Type | No Heat |
| Size Interior | 85,465 Sqft |
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 426 Ft ,6 In |
| Size Frontage | 200 Ft |
| Size Irregular | 200 X 426.56 Ft ; Irreg: Rear: 200.46; West: 426.67 |
| Size Total Text | 200 X 426.56 Ft ; Irreg: Rear: 200.46; West: 426.67 |
| Zoning Description | Rm3-321,r4-310-h (res Multiple) |
https://www.realtor.ca/real-estate/29709735/3140-3150-binbrook-road-hamilton-binbrook-binbrook
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman