Active

238 Dundas St E Street

Hamilton ON, L0R 2H4

C$2,999,990


C$126.17 per sqft

Active

23,777 sqft

Commercial

This prime property in the heart of Waterdown is an incredible development-ready opportunity. With both Phase 1 and Phase 2 Environmental Assessments completed in June 2024, the property has a clean status, making it ideal for entrepreneurs, investors, or developers looking to capitalize on a high-demand location.Spanning 0.55 acres on a prominent corner lot on Dundas Street (Hwy 5), this property offers 2,400 square feet of flexible space that seamlessly combines commercial and residential possibilities. Zoned C5 for commercial use, it also includes a unique provision for auto sales and services, with over 60 surface parking spots, perfect for accommodating high traffic. This property has potential for those who want to live and work in one location or use it solely as a business investment.Attached to the commercial space is a charming residential unit with three bedrooms, three bathrooms, and three kitchens. This setup provides flexible options for rental income or housing for staff. Additionally, the City of Hamilton has indicated that future residential redevelopment may be possible, making this property even more appealing.With the current owner now retiring, this is a golden chance to secure a valuable asset in a fast-growing area. Don't miss this unique investment opportunity in Waterdown vibrant core! Phase 1 and 2 clean report available for review with a successful accepted conditional offer. please Contact Massara Khader (647-292-4125) for all showings [email protected]

40673180

MLS ID

November 1, 2024

Listed

November 4, 2024

Updated

Map

238 Dundas St E Street
Hamilton ON, L0R 2H4

Interior Features

Total Stories

2


Interior Features

High Speed Internet


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Exterior Features

Storage


Lot Features

Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools, Visual Exposure


Sewer

Sewer (Municipal)

Other Property Details

Area Name

46 - Waterdown


Taxes

$13,978


Tax Frequency

Annually


Garage

No


View

No


County

Hamilton


Water Source

Municipal


Pool

No


Zoning

C5

 

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