
Hamilton, ON L0R 1H0
16 plus country acres, beautifully wooded on the North Burlington / Hamilton border. The area is one of open space and country homes on large lots, within minutes of Dundas St and the amenities of North Burlington. High speed internet via Bell Fibe is available in the area. The land is currently classified as P7,P8 which is a no build zone but has recently had the wetland encumbrance removed from the North end of the parcel, so building near a wetland is no longer an issue. But Hamilton has a heritage designation on the property that will have to be addressed through the use of a planner and possibly the Ontario Land Tribunal(OLT). The goal would be to remove or amend the heritage designation from the north end of the land such that a home could be built. The final hurdle would be the NEC, and typically, without other restrictions, the NEC will allow the build of a single residence on the land. Each of these steps will come at a cost and there is no guarantee that any/all will be successful, but that would be a question to discuss with your planner. Ultimately the Buyer(s) must satisfy themselves that the land suits their future plans. The price of this land reflects the challenges that will need to be addressed in order to secure a building permit.
TRREB MLS® Attribution
MLS® X13012374
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,095
/month · $343,200 mortgage
Amortization
Total Interest
$285,259
Total Cost
$628,459
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.