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Pemberton Holmes Ltd.

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329-335 Strathearne Avenue
homes for sale · Hamilton · Homeside
329-335 Strathearne Avenue — photo 1 of 2
329-335 Strathearne Avenue — photo 2 of 2
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$1,300,000

329-335 Strathearne Avenue

Homeside, Hamilton · MLS® X13864094

Land · Vacant Land · 19 days on market

listed by JASON TOME, RE/MAX ESCARPMENT REALTY INC.

realtor's description

Exceptional opportunity for builders, investors or developers to acquire FOUR adjacent, fully serviced building lots offered together as one development site in East Hamilton. Located at 331 Strathearne Avenue, the site includes approved architectural drawings and building permits for four individual homes. Each home is designed as a 3-bedroom, 3-bathroom, 1,737 sq ft residence with a garage, alley access and a separate entrance with rough-ins for a basement additional dwelling unit (ADU). The existing building has been demolished and the site is clear and ready for construction. Each lot is fully serviced, with water, sewer and utilities at the lot line and ready for connection. A catch basin has also been installed at the rear to service all four lots. Development charges for all four lots have been paid or waived by the City. Approved plans and permits are included with the purchase, allowing a purchaser to move efficiently toward construction without starting the lengthy severance and approval process from scratch. Ideal for a builder looking to build and sell, an investor seeking rental opportunities, or a developer looking for a turnkey infill project. Zoning supports flexible residential use, including ADUs. A rare opportunity to acquire a four-lot, shovel-ready development site with the major groundwork already completed. Please note Lots are newly severed, taxes have not been assessed yet.

property details

type
Land, Vacant Land
parking
0
days on market
19
MLS®
X13864094

features

  • Flat site
  • Dry

monthly cost

$5,664/mo
Mortgage $5,664

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment
$5,664/ monthly
loan $1,040,000
25-year amortization
total interest
$659,193
cash to close
$260,000
down payment; transfer tax and fees not included
total paid
$1,699,193

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Homeside, HamiltonGoogle Maps ↗

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listed by
JASON TOME
RE/MAX ESCARPMENT REALTY INC.
call JASON · 905-632-2199
Powered by: REALTOR.ca

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location

Homeside, HamiltonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

329-335 STRATHEARNE Avenue, Hamilton
329-335 STRATHEARNE Avenue, Hamilton, photo 2
329-335 STRATHEARNE Avenue, Hamilton, photo 3
329-335 STRATHEARNE Avenue, Hamilton, photo 4
329-335 STRATHEARNE Avenue, Hamilton, photo 5
329-335 STRATHEARNE Avenue, Hamilton, photo 6
329-335 STRATHEARNE Avenue, Hamilton, photo 7
329-335 STRATHEARNE Avenue, Hamilton, photo 8
Land
$1,300,000
4methe deep dive
329-335 STRATHEARNE Avenue
Homeside, Hamilton19 days on market
listed by RE/MAX Escarpment Realty Inc.
MLS® 40868976