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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$3,200,000
Available - For Sale
Listing ID: X8326422
156 Concession 5 Rd East , Hamilton, L8B 1K5, Ontario


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.
Extras:   *Legal Description cont'd: CD76028 ; S/T EF22197, IF ANY ; FLAMBOROUGH CITY OF HAMILTON SUBJECT TO AN EASEMENT IN GROSS OVER PART 2, 62R21250 AS IN WE1438155
Price $3,200,000
Taxes: $3377.86
Tax Type: Annual
Assessment: $612000
Assessment Year: 2024
Occupancy by: Vacant
Address: 156 Concession 5 Rd East , Hamilton, L8B 1K5, Ontario
Postal Code: L8B 1K5
Province/State: Ontario
Legal Description: PT LOT 10, CONCESSION 4 EAST FLAMBOROUGH
Lot Size: 721.30 x 1802.00 (Feet)
Directions/Cross Streets: Highway 6 & Concession Rd 5 E
Category: Agricultural
Total Area: 29.76
Total Area Code:  Acres
Sewers: Septic
Water: Well
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
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Milad Akrami
Sales Representative
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647-678-7799
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647-678-7799
 
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At a Glance:
Type: Com - Farm
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Rural Flamborough
Style:
Lot Size: 721.30 x 1802.00(Feet)
Approximate Age:
Tax: $3,377.86
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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