148 Green Road, Hamilton, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Stoney Creek. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $599,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 50 x 305 ft lot size
- Notable attributes: None
Description
UPDATED!! ATTENTION DEVELOPERS, BUILDERS, INVESTORS! UPDATED R1 ZONING! Properties to be either sold together or merged. Together with 146 Green is 100' x 305' ft lot. City staff are generally supportive of a multiple dwelling development containing 24 units on a collector road in principle, subject to the submission of a Secondary Plan Amendment and Zoning By-Law Amendment application and the required supporting studies and reports identified in the Formal Consultation. Amazing opportunity to develop in the heart of Stoney Creek (50' frontage x 305' depth each lot). New updated R1 zoning allows for many new construction opportunities, such as Fourplex, Duplex, Single-family, and Lodging home. House on property has been demolished. Located close to all amenities, schools, highways, transit, shopping - perfect location! Favourable Vendor Take Back Mortgage available to help you get started! Don't miss this prime location!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 148 Green Road, Hamilton, ON L8G 3X1
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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 $599,000 in Hamilton, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.