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Home ON Greater Hamilton Hamilton Glanbrook
3140-3150 BINBROOK ROAD
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3140-3150 BINBROOK ROAD $3,999,900
3 days ago
$3,999,900
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3140-3150 BINBROOK ROAD
Hamilton (Binbrook), Ontario L0R1C0

MLS® Number: X12812952

Listing 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 additional potential for three single detached lots on 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,Lincoln Alexander Parkway, and the QEW via Redhill. 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. (42203282)

Location Description

ON BINBROOK, NORTH OF HWY #56

Property Summary

Property Type
Vacant Land
Community Name
Binbrook
Land Size
200 x 426.56 FT ; IRREG: REAR: 200.46; WEST: 426.67
Annual Property Taxes
$15,417.29
Time on REALTOR.ca
3 days

Building

Heating & Cooling
Cooling
None
Heating Type
No heat
Utilities
Utility Sewer
Septic System
Business
Business Type
Residential (Residential)

Measurements

Square Footage
85465 sqft

Land

Lot Features
Frontage
200 ft
Land Depth
426 ft ,6 in
Other Property Information
Zoning Description
RM3-321,R4-310-H (RES MULTIPLE)
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