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 21, 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