719 KNOX Avenue, Hamilton, ON L8H 6K7

$799,999
2
BD
1
BA
700
SqFt

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List Price
$799,999
MLS#
X13446994
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
2
Bathrooms
1
Living Area
700-1100
Province
ON
Municipality
Hamilton
Area
Hamilton
Neighborhood
Parkview
Subdivision
Knox Ave & Glow Ave

Property Description

Incredible opportunity in family-friendly East Hamilton! Nestled on a premium lot just under 1 acre and minutes away from the QEW Highway and public transit, this cozy 2-bedroom, 1-bath bungalow offers endless potential for both seasoned investors and first-time homebuyers alike. The charming home is move-in ready, perfect for those looking to live now and build later. Situated in a rapidly growing pocket of East Hamilton, this property comes with current zoning approved to build four single-family homes, making it ideal for developers or builders! Even more exciting is the potential for re-zoning, offering possibilities for increased density or a larger-scale development in the future. This unique parcel of land is on municipal water and sewer lines, a rare and valuable feature for lots of this size, saving you time and significant development costs. Whether you're looking to develop right away or land bank and hold for future appreciation, this location checks all the boxes! Just under an hour from both the GTA and Niagara Falls, the property offers excellent commuter access, attracting interest from a wide pool of potential end users. The lot's generous dimensions provide ample space for a variety of uses. Whether you're envisioning custom homes, townhouses, rental properties, or a family compound, enjoy the flexibility of overseeing your development or generating rental income from the existing dwelling while pursuing re-zoning for even more potential. Don't miss this exceptional investment opportunity in one of Hamilton's most promising and accessible areas.

Additional Information

Taxes
$4,142
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
1
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
5
Parking Type
Private, Lane, Private Double, Tandem

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Calculator source: Real Geeks

Listing courtesy of RE/MAX METROPOLIS REALTY.