719 KNOX Avenue

Hamilton, ONDetached
$799,000
MLS® X14125388
Detached2 beds1 baths5 total
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About This Property

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. (id:63604)

Key Facts

Type
Detached
Beds
2
Baths
1
Size
700 sqft
Lot
21.7 x 210 FT
Parking
5 total

Highlights

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
Property Details 21 details
Bedrooms
2 bedrooms
2 above grade
Bathrooms
1 bathroom
Parking
5 parking spaces
No Garage · Tandem
Living area
700 - 1,100 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Partially finished, Walk-up
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
21.7 x 210 FT
Frontage
21.80 feet
Taxes
$4,142.25
Zoning
C-H/S-1295
Water source
Municipal water
Sewer
Sanitary sewer
Views
View

Interior features

WasherRefrigeratorDishwasherStoveDryerHardwood

Exterior features

Vinyl sidingConcrete

Systems and association

SewerElectricityCable

Lot and water

Wooded areaPartially clearedLaneCarpet Free
Rooms 5 rooms
Level
Room
Dimensions
Main level
Kitchen
3.15 m x 2.8 m
Main level
Dining room
3.51 m x 3.87 m
Main level
Living room
5.2 m x 449 m
Main level
Primary Bedroom
3.09 m x 3.79 m
Main level
Bedroom 2
3.01 m x 2.44 m
Mortgage & Affordability Estimate monthly costs
Purchase price$799,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Parkview
City
Hamilton
Postal code
L8H 6K7
Nearby
Cross Streets: Knox Ave & Glow Ave. ** Directions: USE GPS.