29 SEVERN Street, Hamilton, Ontario, L8R2L5

Property Description

Great opportunity here at 29 Severn St. in Central Hamilton. This parcel of land is located one block away from Hamilton's fine restaurants and entertainment district, while located on a quiet, family-friendly street.  The City offers a wide range of development opportunities for this lot. - This Site Has lots of Potential . City is in High favour of High-Density Mixed-Use Developments in This Area. Close to the GO Station, LRT, Mobility Hub, Shopping center's, Schools, Hwy access and more! - Zoned with the City as: currently zoned H -  H/S 1310 - H/S 1310a - zoning verification to be done by buyer(s). There was an approved permit from the city to build  a 5-story mixed used complex that included commercial at/on grade level and 6 residential units on 4 floors above, which has now expired, but gives you an idea of the possibilities. An abutting parcel/building is located at 237 James St N is also available for purchase under separate ownership and representation (ML#40796237). The availability of the two side-by-side properties presents a rare opportunity. Acquiring the adjacent parcels may increase total land area and frontage, consolidate the lot lines and, paired with applicable zoning permissions, may unlock a unique potential development opportunity for the right group or individual. (id:64974)

Quick Facts

• Property Type: Vacant Land
• Bedrooms: None
• Bathrooms: None
• Ownership: Freehold
• Frontage: 52 ft (15.8 m)

Costs

• Annual Taxes: $11,466.00

Listing Provided by: RE/MAX Real Estate Centre Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.