$400,000
For sale: Vacant Land

1 Acre building lot located North, East Hamilton. Great access to highway 401 and Milton. Lot backs onto Agricultural land and a portion to the rear is within the hundred year flood plain. Lot is wooded and fronts onto paved road. Approximately 2 thirds of the lot is buildable. Ideal for a family looking for a rural setting to build an affordable country home. Buyer will have development fees, building permits, cost of servicing, well cost, septic cost, etc. at their expense. Buyer to rely on their own due diligence and verification of their plans with appropriate authorities. HST Subject to purchase price if applicable.
Sold data
Homes in Hamilton 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 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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