505 Kenora Avenue, Hamilton, ON

$27,000,000
MLS#:X12110176
0 beds
0 baths
Commercial
Loading property media...

Property Highlights

Welcome to this remarkable industrial located in the coveted neighborhood of Nashdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $27,000,000 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
  • Spacious lot size measured in Acres
  • Convenient outside/surface garage included
  • equipped with partial central cooling and highly efficient gas forced air open heating

Description

Prime 10.1-acre industrial site in Hamilton's Nashdale industrial corridor, just minutes from the QEW and Centennial Parkway interchange. This M5-zoned property features three freestanding buildings totaling 76,706 SF with low site coverage and significant excess land, making it ideal for investors, owner-users, and developers. The property consists of multiple individual parcels, allowing for potential severance and resale to lower the cost basis. Building A offers 27,550 SF with 15'8" clear height, 9 dock doors, and 2 drive-in bays. Building B offers 22,265 SF with 13'2" clear height, 6 drive-in doors, and 2 dock doors. Building C offers 26,891 SF with 25'7" clear height and 8 drive-in doors. With approximately 17% site coverage, there is ample room for expansion, including additional industrial buildings, truck terminals, logistics hubs, or outdoor storage. M5 zoning allows for a wide range of permitted uses, including logistics, warehousing, manufacturing, and truck parking. Nearly all tenants are on month-to-month leases, providing flexibility to offer the site almost entirely vacant or continue generating income. Multiple access points from Kenora Avenue and Nash Road North provide excellent connectivity to major transportation routes. Fully serviced with individual hydro and gas meter, a bulk water meter, gas-fired forced-air heater, and HVAC in office areas. A rare opportunity for an owner-user seeking functional industrial space with room to grow, an investor looking for a high-demand asset, or a developer aiming to maximize site coverage and long-term value.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Property Type
Commercial

Additional Details

StatusExtension
Listed Date4/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeIndustrial
CountyHamilton
Annual Tax$181,935
Legal DescriptionPT LT 28, CON 1 SALTFLEET, PART 1, 62R2489; HAMILTON & PT LT 28, CON 1 SALTFLEET, AS IN AB328743 EXCEPT PTS 1,3,4,5,6 62R2489; HAMILTON, PT LT 28 CON 1 SALTFLEET, AS IN AB328743 EXCEPT PTS 1, 3, 4, 5, 6 62R2489; HAMILTON, PT LT 28, CON 1 SALTFLEET, PART 4, 62R2489; HAMILTON Legal cont'd: PT LT 28, CON 1 SALTFLEET, AS IN AB328743, EXCEPT PTS 1, 2, 4, 5, 6 62R2489; HAMILTON, PT LT 28, CON 1 SALTFLEET, PART 5, 62R2489; HAMILTON PT LT 28 CON 1 SALTFLEET, PART 1 ON 62R7758; SAVE AND*

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingPartial

Features

Property Features

Interior Features

Security Features

No

Community Features

Location

Initializing map...
505 Kenora Avenue, Hamilton, ON
Loading local market trends...

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 505 Kenora Avenue, Hamilton, ON L8E 3P2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

Information Gain SEO Widget

Configure Loan Settings

Interest Rate5.25%
Down Payment$5,400,000 (20.0%)
* Minimum Canadian down payment required for this price is $5,400,000.
Amortization Period25 Years
Estimated Monthly Payment$128,718Based on a loan of $21,600,000 over 25 years.
Purchase Price$27,000,000
Loan Amount$21,600,000
Provincial Land Transfer Tax:$661,475
Total Estimated Closing Taxes:$661,475

About Purchasing a Home in Hamilton, ON

For a property listed at $27,000,000 in Hamilton, the legal minimum down payment is $5,400,000 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 $661,475 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 $661,475.

Nearby Listings

Distance:

No current listings found in Hamilton.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Nashdale, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$9,072,571

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Hillcrest
Public40 Eastwood Street, Mcquesten East, Hamilton, Ontario, L8H 6R7
5.4
St David
Public33 Cromwell Crescent, Greenford, Hamilton, Ontario, L8G 2E9
5.4
St Agnes
Public80 Colcrest Street, Riverdale East, Hamilton, Ontario, L8E 3Y8
5.5
Viscount Montgomery
Public1525 Lucerne Avenue, Glenview West, Hamilton, Ontario, L8K 1R3
6.6
W H Ballard
Public801 Dunsmure Road, Homeside, Hamilton, Ontario, L8H 1H9
3.7

Secondary Schools

Glendale
Public145 Rainbow Drive, Corman, Hamilton, Ontario, L8K 4G1
4.6
Sir Winston Churchill
Public1715 Main Street East, Normanhurst, Hamilton, Ontario, L8H 1E3
2.4
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.