$579,000
For sale: Vacant Land

*** Additional Listing Details - Click Brochure Link *** Prime Development Opportunity in Hamilton. Discover the potential of this vacant lot offering an excellent opportunity for builders, investors, and buyers looking to secure land in a well-established, beautiful Hamilton location.This property provides a blank canvas for your next project, whether you're looking to build a custom home, explore development possibilities, or hold land as a long-term investment. Its location offers convenient access to major roads, public transit, shopping, schools, parks, and other amenities throughout Hamilton. Zoning allows variety of possibilities, 4-plex, 3-plex, duplex or a single residence. We can can design and build it for you as well. Currently city of Hamilton offers large incentives for rental units, you can get development charges waved and receive up to $40,000 per unit rebate. Sale is conditional on land severance (pending)
Sold data
Homes in Hamilton (Westcliffe) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $685,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Westcliffe) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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