28
See all 28 photos
$799,999
Est. payment /mo
2 Beds
1 Bath
0.5 Acres Lot
New
719 KNOX AVE Hamilton, ON L8H 6K7
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Parkview
MLS Listing ID X12204825
Style Bungalow
Bedrooms 2
Annual Tax Amount $3,812
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Detached
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.
Location
State ON
County Hamilton
Community Parkview
Area Hamilton
Rooms
Family Room Yes
Basement Partially Finished, Walk-Up
Kitchen 1
Interior
Interior Features Carpet Free
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private, Lane, Private Double, Tandem
Pool None
Roof Type Asphalt Shingle
Lot Frontage 21.7
Lot Depth 210.0
Total Parking Spaces 5
Building
Unit Features Clear View,Part Cleared,Public Transit,Wooded/Treed,Beach
Foundation Concrete
Listed by RE/MAX METROPOLIS REALTY