Welcome to this remarkable industrial located in the coveted neighborhood of Industrial Sector. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,900,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
A rare industrial opportunity offering exceptional scale, character, and future redevelopment potential. This impressive approximately 20,000 sq. ft. warehouse features solid railway tie post-and-beam construction, a high basement level of approx. 10,000 sq. ft., and a functional layout suited to a wide range of industrial, storage, or adaptive reuse applications. The building is serviced with 600 amps of 3-phase power, supporting heavy-duty operational needs. Three docking bays provide efficient access for shipping and logistics, including one bay with direct rail siding access-an increasingly rare feature that adds significant value for industrial users. Set on a fully fenced site with ample on-site parking and yard space, the property offers both security and functionality. Large window openings bring in natural light throughout, enhancing usability across multiple levels. Strategically located just minutes to major highways with convenient access to public transit, the site offers strong connectivity for employees, customers, and distribution. In addition to its current industrial use, the property presents outstanding long-term upside, with potential for redevelopment. A true mixed-use or conversion candidate in a growing area, this site offers both immediate utility and significant future potential.
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Data-driven valuation for 16 BIRMINGHAM Street, Hamilton, ON L8L 6W4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $2,900,000 in Hamilton, the legal minimum down payment is $580,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $58,975 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $58,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.