719 Knox Avenue,Hamilton, ON L8H 6K7
Hamilton, ON L8H 6K7
Description
Incredible opportunity in family-friendly East Hamilton! Nestled on a premium lot just under 1 acre and minutes away from the QEW Highway and public transit, this cozy 2-bedroom, 1-bath bungalow offers endless potential for both seasoned investors and first-time homebuyers alike. The charming home is move-in ready, perfect for those looking to live now and build later. Situated in a rapidly growing pocket of East Hamilton, this property comes with current zoning approved to build four single-family homes, making it ideal for developers or builders! Even more exciting is the potential for re-zoning, offering possibilities for increased density or a larger-scale development in the future. This unique parcel of land is on municipal water and sewer lines, a rare and valuable feature for lots of this size, saving you time and significant development costs. Whether you're looking to develop right away or land bank and hold for future appreciation, this location checks all the boxes! Just under an hour from both the GTA and Niagara Falls, the property offers excellent commuter access, attracting interest from a wide pool of potential end users. The lot's generous dimensions provide ample space for a variety of uses. Whether you're envisioning custom homes, townhouses, rental properties, or a family compound, enjoy the flexibility of overseeing your development or generating rental income from the existing dwelling while pursuing re-zoning for even more potential. Don't miss this exceptional investment opportunity in one of Hamilton's most promising and accessible areas.
Details
| MLS # | 40837764 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 73 |
| Listing Provided By | RE/MAX METROPOLIS REALTY | Abdullah Shakoori |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 954 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | C-H/S-1295 |
| Acreage | 0.78 |
Interior
| Rooms Total | 6 |
|---|---|
| Interior Features | High Speed Internet, None |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | Lower Level |
Exterior
| Lot Features | Urban, Beach, Dog Park, High Traffic Area, Highway Access, Place of Worship, Public Transit, Schools, Visual Exposure |
|---|---|
| Construction Materials | Vinyl Siding |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Perimeter |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Exclusive |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Utilities | At Lot Line-Gas, At Lot Line-Hydro, Electricity Connected, Phone Available, Underground Utilities, Other |
|---|---|
| Sewer | Sewer (Municipal) |
Taxes
| Tax Annual Amount | 4142.25 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8H 6K7 |
| Area | 23 Hamilton East |
| Subarea | 230 Parkview |
| Community Name | 230 Parkview |
| Listing VS Median (in 230 Parkview) | |
Price: $799,999 low | high Med: $499,000 sqft: 954 low | high Med: 1,292 $ / sqft: $839 low | high Med: $386 On site: 73 low | high Med: 30 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8H 6K7 |
| Area | 23 Hamilton East |
| Subarea | 230 Parkview |
| Community Name | 230 Parkview |
| Listing VS Median (in 230 Parkview) | |
Price: $799,999 low | high Med: $499,000 sqft: 954 low | high Med: 1,292 $ / sqft: $839 low | high Med: $386 On site: 73 low | high Med: 30 | |
