2311 Highway 56 N/A, Hamilton, ON L0R 1C0

For Sale 279 days on Market MLS® X12268284

Asking Price

$2,499,000

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2311 Highway 56 N/A, Hamilton, ON L0R 1C0

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Overview

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Attention Builders, Developers, Investors & Dream-Home Seekers! An incredible opportunity awaits w/ this rare 5.54-acre parcel in the heart of Binbrook, one of Ontarios fastest-growing communities. Surrounded by new residential & multi-purpose developments, this prime piece of real estate offers endless potential. 4 bdrm, 2 bath bungalow w/ walkout basement currently on the property, opportunity to rent or live in while planning your next move. Includes massive 30' x 60' detached workshop/garage w/ 14ft ceilings & concrete floors, horse barns, ample parking & 2 driveways. With flat topography & generous frontage, the land offers a versatile canvas for future residential or multi-use development proposals. Close proximity to all amenities makes it a convenient & strategic investment. Rare & valuable opportunity to invest in a region experiencing rapid growth. Continued development & infrastructure plans underway in the surrounding area, this parcel is poised for strong appreciation.

Area

1,750 sqft

Lot Size

4.0 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityHamilton

Postal CodeL0R1C0

Lot Dimensions270.50 × 649.00 ft

Parking28 spaces

Interior Features

Heat: Forced Air

Heat Source: Gas

Style: Bungalow

Exterior & Land

Sewer: Septic

Construction: Vinyl Siding

Utilities & Services

Heat SourceGas

SewerSeptic

Financial Information

List Price$2,499,000

Annual Taxes$5,968 (2025)

Days on Market279

MLS® X12268284 • Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

2311 Highway 56 N/A, Hamilton, ON L0R 1C0

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Purchase Calculator

Home Price

$2,499,000.00

Location

Down Payment

$524,790.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

2311 Highway 56 N/A, Hamilton, ON L0R 1C0

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