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.
Address
719 Knox Avenue
List Price
$799,999
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Hamilton
Sub-Area
Parkview
County
Hamilton
Bedrooms
2
Bathrooms
1
Floor Area
700 - 1100 Sq. Ft.
Lot Depth
210
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
21.7
MLS® Number
X12204825
Listing Brokerage
RE/MAX METROPOLIS REALTY
Basement Area
Partially Finished, Walk-Up
Postal Code
L8H 6K7
Parking
Private, Lane, Private Double, Tandem
Parking Places (Total)
5
Tax Amount
$3,812.76
Tax Year
2024
Interior Features
Carpet Free
Property Features
Clear View, Part Cleared, Public Transit, Wooded/Treed, Beach
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Concrete
Garage Type
None
Kitchens Total
1
Other Structures
Shed, Storage
Pool Features
None
Roof
Asphalt Shingle
Waterfront
No
Sewer
Sewer