$1,499,000

Investment For Sale In Gibson, Hamilton, Ontario

$1,499,000

Property Information:

Presenting a rare and exceptional opportunity for a savvy developer or builder to capitalize on a premium corner site in the heart of the rapidly evolving Barton Village. This proposed development features a 4-storey residential apartment building, with plans for approximately 33 units and a gross buildable area of around 30,000 sq. ft., situated on an existing 7,000 sq. ft. lot. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. The proposed mixed-use design includes a ground-level commercial space, with three additional floors offering 9 one-bedroom units per floor, featuring an efficient walk-up design with a shared outdoor corridor. This project promises stable returns, a dynamic location, and long-term growth potential. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 135.0 Feet
  • Lot Frontage: 54.5 Feet
  • Lot Size: 54.5 x 135 FT
  • Zoning: C5

Courtesy of: KINGSWAY REAL ESTATE

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.