$3,999,900
Available - For Sale
Listing ID: X12812952
3140-31 Binbrook Road , Hamilton, L0R 1C0, Hamilton
| 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 additional potential for three single-detached lots in the northern portion. In addition to the current approvals, a more efficient site layout and building configuration may support an increase in yield of approximately 44 townhouse units, subject to municipal approvals and the purchaser's planning review and due diligence. Zoned RM3-321 and fully serviced, the property is within walking distance of shopping, restaurants, and schools, and offers convenient access to Highway 403, Lincoln Alexander Parkway, and the QEW via Redhill. 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 | $3,999,900 |
| Taxes: | $15417.29 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 |
| Category: | Designated |
| Use: | Residential |
| Building Percentage: | T |
| Total Area: | 85465.37 |
| Total Area Code: | Square Feet |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Washrooms: | 0 |
| Heat Type: | None |
| Central Air Conditioning: | No |
| Sewers: | Septic |
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| RE/MAX PREMIER INC. |
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At a Glance:
| Type: | Com - Land |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Binbrook |
| Tax: | $15,417.29 |
| Fireplace: | N |
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