You get two properties in one. Front of original 1870 building contains 2 commercial and 1 residential units with parking. Rear of the property is zoned and conditionally approved for 18-24 unit condominium apartment building, and up to 37 underground parking spots. In the midst of the Ancaster Heritage Village BIA commercial area. Walk to stores, restaurants, professionals, library, and the new arts centre. Just one block from the Hamilton Golf and Country Club. Backs on to trail system, park, tennis courts and lawn bowling. Original front building sits by front lot line for most efficient land usage. Commercial units feature sidewalk level storefront windows, and excellent exposure and signage. This building has been in continuous, prosperous usage throughout its now 150 years. The modern, self-contained 2 bedroom apartment above retains most original features: 9+ft ceilings, pine floors, and huge windows. Building has been fully rented for decades. Best use to add these three units to condominium. Property widens from approx 75 feet to 90 feet behind existing building. Frame back section would be removed, as per plans. Remaining front building would be connected to the new through underground parking. Listing brokerage occupies one of the commercial spaces, and listing broker of record and sales representative are principals of selling corporation. Listing brokerage has a waiting list for the new units.
MLS# | H4092046 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active |
Days On Site | 69 |
SQ Feet | 3,800 |
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Story(s) | 1 |
Area Information | |
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Province | ON |
County | Hamilton |
City | Ancaster |
Postal Code | L9G 2B9 |
Area | Hamilton |
Listing VS Median (in L9G 2B9) | |
Price: $2,850,000 low | high Med: $2,850,000 SqFt: 3,800 low | high Med: 3,800 $ / SqFt: $750 low | high Med: $750 On Site: 69 low | high Med: 69 |