3140-3150 BINBROOK ROAD|Hamilton (Binbrook), Ontario L0R1C0

  • Ontario
$ 3,650,000 6 days ago
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Property Description
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-please contact the Listing Agent for more information. (42800951)
Property Highlights
 85465.37 sqft
 Vacant Land
  MLS Link

🍎 Essential Lifestyle & Services

Enjoy the perfect balance of lifestyle and connectivity. You're just moments away from top-rated supermarkets, cafes, schools, parks, and essential healthcare facilities. For commuters, you have easy access to both GO Transit and local bus routes, making this the perfect location for your lifestyle.

📍 3140-3150 BINBROOK ROAD|Hamilton (Binbrook), Ontario L0R1C0
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$ 3,650,000

6 days ago
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Available: 0 Square Feet

0 Square Feet | $0.00 CAD (0%)
  • img Investment Type Onetime
  • img Profit $3,650,000.00 CAD
  • img Profit Schedule Onetime
  • img Capital Back Yes
  • img Profit Return After Investment Completion

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