601 HIGHLAND Road W

Rymal/Hannon, Hamilton, L8W3R6

Listed by Colliers Macaulay Nicolls Inc.

$5,500,000

Listed 14 days ago · MLS® 40867460

About this home

Excellent opportunity to acquire 2.5 acres of industrial land in Hamilton. Flexible M3 zoning permits a wide variety of industrial uses, including outside storage. Strategically located just minutes from the Red Hill Valley Parkway, providing convenient access throughout Hamilton and the broader GTHA. (id:66966)

Details

Type: Vacant Land
Basement: None
Property tax: $42,266
Neighbourhood: Rymal/Hannon
Municipality: Hamilton

Interior

Fireplace: No

Heating, cooling and services

Water and sewer: Municipal sewage system

Location

Location is approximate. See nearby homes on the map

Listed by Colliers Macaulay Nicolls Inc..

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Estimated monthly cost

Mortgage: $24,084
Property tax: $3,522
Total: $27,607

$1,100,000 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $1,100,000
Land transfer tax: $123,975
Legal and other costs: ~$2,500
Total: $1,226,475

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

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Or call 647-325-5000

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