Hamilton, ON L0R 1C0,2544 Highway 56 N/A
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Hamilton, ON L0R 1C0,2544 Highway 56 N/A
Hamilton, ON L0R 1C0,2544 Highway 56 N/A
Hamilton, ON L0R 1C0,2544 Highway 56 N/A
Hamilton, ON L0R 1C0,2544 Highway 56 N/A
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2544 Highway 56 N/A Hamilton, ON L0R 1C0


UPDATED:

10/24/2024 08:08 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID X8358862

Annual Tax Amount $3,804

Tax Year 2023

Property Description

REDEVELOPMENT site or convert house to office or retail and capture intensification up lift in the future. EXISITNG: "District Commercial" zoning and secondary plan designation permitting retail, personal service, financial establishment, offices, restaurants, medical clinics, studios, places of assembly, and motor vehicle related uses (including gas). Residential uses permitted above commercial provided less than 50% of the total gross floor area of a building (max height 3-storey).UPSIDE POTENTIAL: To accommodate Hamilton's forecasted growth part of the City's plan is 'Up Zoning of Urban Corridors and major and minor arterial roads to the missing middle which is considered 12 storeys or less. Subject property is on a major arterial road, adjacent to retail amenities, and residential only on 1-side, is an ideal candidate for 'Up Zoning. Formal consultation comments expected back from the City any day for proposed 9-storey, 96 unit building. Nearby OLT decision granted 6-Storeys.

Location

Province ON

County Hamilton

Zoning C6 E:337 E:570

Interior

Cooling Yes

Exterior

Utilities Available Yes

Parking Type Outside/Surface

Others

Security Features No


Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Jethro Seymour

Broker

+1(416) 712-0767

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2544 Highway 56 N/A

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