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Investment Highlights

  • Major Road 27,000 cars per day
  • High walkability score located within the village of Waterdown
  • Phase two Environmental completed

Property Facts

Price $2,999,999 CAD
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 0.55 AC
Zoning C5a - Mixed use medium density pedestrian focused.

1 Lot Available

Lot 238

Price $2,999,999 CAD
Price Per AC $5,454,543.64 CAD
Lot Size 0.55 AC

Description

This site is 0.55 Acre and its developed with a single story commercial building with a building footprint of 2750 Square Ft and an attached 2 story residential building with a footprint of 1200 Square Ft. The site was originally developed circa 1955, with further development in 1980. The commercial portion operates as an Automobile sales entity and consists of offfices, bathroom, customer service area, storage area and a garage with electric Hoist. The flooring is slab on grade and roof is flat. The residential portion of site consists of a block and brick structure with full basement apartment and two floors above with two kitchens and a bath and a half. There is a private fenced yard to the east of the residence. The Majority of the site exterior consists of a paved parking area that can fit over 60 parked vehicles. Site is currently occupied by Foster Auto Group and operated as an automobile sales dealership. House is occupied by the owner. Redevelopment opportunity. Property is zoned for potential mixed residential/commercial redevelopment. Contact owner for details.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
  • Listing ID: 41318897

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: 238 Dundas St E, Hamilton, ON L8B 0E8

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