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84 St. Joseph's Drive Hamilton, Ontario L8N 2E7

$660,000

Introducing an exceptional investment opportunity in a prime location! Situated just steps from St. Joseph’s Hospital and within the rapid transit corridor, this fully serviced building lot offers incredible potential. Now qualifying for city grants and forgivable loans, this lot benefits from newly ratified parking bylaw changes, allowing the construction of a triplex or 4-plex without the need for minor variances or minimum parking requirements. The sale includes a complete set of permit-ready architectural drawings and engineering, already approved. All underwriting is done—covering tree, water, wind, grading studies, retaining walls, and permit requirements. In addition, a turnkey package is available including; a Turkstra Lumber framing kit, water and sewer servicing, excavation, and concrete foundation, all ready to go for just $140K. This property is designed to attract premium professional tenants, and with no rent controls, the earning potential is limitless. Seize this rare chance to build your investment with ease and confidence! (id:58043)

Property Details

MLS® Number 40657997
Property Type Vacant Land
Neigbourhood Corktown
AmenitiesNearBy Hospital, Public Transit

Building

BasementType None
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Hospital, Public Transit
Sewer Municipal Sewage System
SizeDepth 104 Ft
SizeFrontage 35 Ft
SizeTotalText Under 1/2 Acre
SoilType Clay
ZoningDescription R

Utilities

Cable Available

https://www.realtor.ca/real-estate/27503026/84-st-josephs-drive-hamilton

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Jameson Walter Walsh
Salesperson


RE/MAX Garden City Realty Inc, Brokerage
Lake & Carlton Plaza
St. Catharines, Ontario L2R 7J8

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