$749,900Asking Price
Power of sale opportunity with exceptional redevelopment and income potential. Situated on a substantial 67.32 x 163.84 ft lot (0.25 acres) along a key transit corridor, this C2-zoned property offers nearly 3,000 sq ft above grade and is being sold stripped to the studs with permits already in place for a 4-5 unit conversion. Ideal for investors, developers, or owner-operators seeking flexibility, scale, and long-term upside.The property features a rare rear double detached garage seamlessly connected to an approximate 1,200 sq ft warehouse space with impressive 13' ceilings, creating outstanding potential for storage, commercial use, live/work functionality, or future adaptive reuse. Ample on-site parking for 10+ vehicles further enhances usability and tenant appeal.Designed with strong income fundamentals in mind, the project is positioned for CMHC take-out financing with projected gross annual income of approximately $116,400 and 4 hydro meters already in place. Opportunity exists to convert the asset to fully residential use or maintain a mixed-use configuration under flexible C2 zoning.Large lot dimensions, transit-oriented positioning, and existing scale make this an exceptional candidate for future high-density redevelopment in a rapidly intensifying corridor. Rare opportunity to secure a value-add asset with multiple exit strategies and significant long-term upside.
Power of sale opportunity with exceptional redevelopment and income potential. Situated on a substantial 67.32 x 163.84 ft lot (0.25 acres) along a key transit corridor, this C2-zoned property offers nearly 3,000 sq ft above grade and is being sold stripped to the studs with permits already in place for a 4-5 unit conversion. Ideal for investors, developers, or owner-operators seeking flexibility, scale, and long-term upside.The property features a rare rear double detached garage seamlessly connected to an approximate 1,200 sq ft warehouse space with impressive 13' ceilings, creating outstanding potential for storage, commercial use, live/work functionality, or future adaptive reuse. Ample on-site parking for 10+ vehicles further enhances usability and tenant appeal.Designed with strong income fundamentals in mind, the project is positioned for CMHC take-out financing with projected gross annual income of approximately $116,400 and 4 hydro meters already in place. Opportunity exists to convert the asset to fully residential use or maintain a mixed-use configuration under flexible C2 zoning.Large lot dimensions, transit-oriented positioning, and existing scale make this an exceptional candidate for future high-density redevelopment in a rapidly intensifying corridor. Rare opportunity to secure a value-add asset with multiple exit strategies and significant long-term upside.
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Blakeley, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of babies and adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44.
Kids Per Family
1.1
kids per family
in the neighbourhood.
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)
61%
of residents
are renters.
61% renters
Hamilton (32%)
19%
of residents are
university grads.
19% university grads
Hamilton (28%)Average Household Income
$67K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Trades | 12% |
| Business | 7% |
| Government | 6% |
| Health | 5% |
17%
of residents were
born outside of Canada.
17% immigrants
Hamilton (25%)2.2% from Caribbean
All-time
0.2% from UK
Recent
Foreign Languages
| French | 3% |
| Polish | 2% |
| Spanish | 1% |
| Ukrainian | 1% |
| Portuguese | 1% |
Religions
| Christian | 69% |
| Muslim | 1% |