282 MacNab Street, Hamilton, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Central. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 115.86 x 120.36 ft lot size
Description
282 MacNab Street (the "site" or "Property") is now available for sale, a 100% freehold interest in a t0.320-acre development site strategically positioned in downtown Hamilton.The Property is primed for a purpose-built rental development and benefits from prior municipal support, significantly reducing entitlement risk. Newly prepared concept plans propose a21-storey, 246-unit rental tower. Located less than one block from the West Harbour GO Station, the Site offers unparalleled access to high-order regional transit. This is a rare opportunity to secure a transit-oriented, high-density rental site in one of Southern Ontario's fastest-growing urban markets. The Property aligns with institutional investment criteria seeking scale, durability of income, and long-term capital appreciation, while offering a differentiated entry point relative to higher-cost GIA markets.Above A11 Commercial is pleased to present this offering to market.
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Property Summary
This land located at 282 MacNab Street, Hamilton is currently for sale and has been available on SousaSells for 4 days. This property is listed at $1 with an estimated mortgage of $0* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 282 MacNab Street, Hamilton is in the Central neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 282 MacNab Street N, Hamilton, ON L8L 1K4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $1 in Hamilton, the legal minimum down payment is $0 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 $0 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 $0.
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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.