$549,900
For sale: Other

Rare redevelopment opportunity in Hamilton's growing King Street corridor. Zoned TOC1, this property has City support for a proposed 20-unit, 6-storey mixed-use development and is currently awaiting final Site Plan Approval, allowing a purchaser to build upon the planning work already completed. The site also offers excellent potential for alternative development concepts, including a 5-6 unit purpose-built multifamily or mixed-use project, subject to all required approvals. Various municipal incentive and financing programs may be available depending on the proposed development and purchaser eligibility. An outstanding opportunity for developers and investors looking to capitalize on one of Hamilton's evolving urban corridors. Property is being sold as-is, where-is. Please do not walk the property.
Sold data
Homes in Landsdale took a median of 33 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 74, across 49 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $489,900.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 49 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Landsdale) 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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