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$3,650,000
Available - For Sale
Listing ID: X13091216
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.
Price $3,650,000
Taxes: $15,417.29
Tax Type: Annual
Occupancy by: Vacant
Address: 3140-31 Binbrook Road , Hamilton, L0R 1C0, Hamilton
Postal Code: L0R 1C0
Province/State: Hamilton
Legal Description: PART LOT 2 BLOCK 4 CONCESSION 3 BINBROOK
Directions/Cross Streets: ON BINBROOK, NORTH OF HWY #56
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Designated
Use: Residential
Building Percentage: T
Total Area: 85,465.37
Total Area Code:  Square Feet
Franchise: F
Maintenance: 0
Heat Type: None
Central Air Conditioning: No
Sewers: Septic
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RE/MAX PREMIER INC.

3140-31 Binbrook Road , Hamilton, L0R 1C0, Hamilton

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Land
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Binbrook
Style:
Lot Size: x 426.56(Feet)
Approximate Age:
Tax: $15,417.29
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949