7 - 95 HEMPSTEAD DRIVE, Hamilton (Rymal)

$950,000

For sale: Other

Other at 7 - 95 HEMPSTEAD DRIVE, Hamilton (Rymal)
Property type
Industrial
MLS®
MLS® X13228674
Neighbourhood
Rymal

Located in a desirable industrial plaza in Hamilton, Units 6 & 7 at 95 Hempstead Drive offer a rare turnkey cannabis cultivation and production opportunity. This purpose-built facility spans approximately 4,800 SF combined and is fully equipped with top-of-the-line infrastructure and equipment, providing everything required for immediate growing and production operations. The property holds an active Health Canada Micro Cultivation and Processing licence under the Cannabis Act, approved in September 2023 and valid through 2028, with an estimated annual production capacity of 600 kg. The facility also operates in accordance with GACP (Good Agricultural and Collection Practices) standards. All improvements and construction were completed with permits through the City of Hamilton, providing confidence in compliance, quality workmanship, and operational readiness. Excellent access to major highways, commercial routes, and amenities makes this a strategic location for operators and investors alike. Rare opportunity to acquire a licensed, fully equipped, move-in-ready cannabis production facility with long-term licensing already in place.

Sold data

Homes in Hamilton (Rymal) — recent sold market

Homes in Hamilton (Rymal) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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.

Median days to sell
29
Median sale price
$685,000
Sale-to-list ratio
97.0%
Sold above asking
12%

Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Rymal)

Hamilton (Rymal) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Rymal)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 7 - 95 HEMPSTEAD DRIVE