VERY RARE BUILDING AND LAND FOR SALE!!! Introducing a prime real estate opportunity in a COMM / RES/ IND area. Potential Commercial & Residential Development Land with Structure situated on an expansive 1.731-acre lot, or over 75,000 square feet this property offers potential for RES / COMM re-development. Existing Use is public school being used as a film studio. The existing building has 28 class rooms averaging 750 sq.ft per plus a gymnasium and other offices on a fully paved lot. The site has three street frontages. The Official plan Land use designation is "NEIGHBOURHOODS". The current Site specific Zoning is C3. Potential for a zoning change allowing up to 200 units per hector (81 units per acre) or a rental apartment building subject to city of Hamilton approval with CMHC financing possible making it ideal for non-profit. Buyer and Buyer agents are encouraged to verify all information provided, ensuring a seamless transaction process. Don't miss out on this exceptional chance to capitalize on Hamilton's thriving real estate market. Best time to work with the local municipality with lots of flexibility!! Priced to sell at $7,499,000.00

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Financing Options:
Because of our volume we were able to negotiate low interest rates with our mortgage team to pass on the savings
-With Over20 years of lending experience
-Rates starting from 4.79%
✅✅ Buy Brand new home or condo with as little as 5% down ✅✅

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Courtesy of:
ROYAL LEPAGE WEST REALTY GROUP LTD.
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