238 Dundas ST E Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L0R 2H4
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 23,777 sqft
Price per Sqft $126
MLS Listing ID X9364027
Annual Tax Amount $13,977
Tax Year 2024
Property Description
This prime property in the heart of Waterdown is an incredible development-ready opportunity. With both Phase 1 and Phase 2 Environmental Assessments completed in June 2024, the property has a clean status, making it ideal for entrepreneurs, investors, or developers looking to capitalize on a high-demand location.Spanning 0.55 acres on a prominent corner lot on Dundas Street (Hwy 5), this property offers 2,400 square feet of flexible space that seamlessly combines commercial and residential possibilities. Zoned C5 for commercial use, it also includes a unique provision for auto sales and services, with over 60 surface parking spots, perfect for accommodating high traffic. This property has potential for those who want to live and work in one location or use it solely as a business investment.Attached to the commercial space is a charming residential unit with three bedrooms, three bathrooms, and three kitchens. This setup provides flexible options for rental income or housing for staff. Additionally, the City of Hamilton has indicated that future residential redevelopment may be possible, making this property even more appealing.With the current owner now retiring, this is a golden chance to secure a valuable asset in a fast-growing area. Don't miss this unique investment opportunity in Waterdown vibrant core!
Location
Province ON
County Hamilton
Community Waterdown
Area Hamilton
Region Waterdown
City Region Waterdown
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Major Highway,Public Transit
Utilities Available Yes
Others
Security Features No