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$ 4,500,000
Est. payment /mo
New
S1/2 LT 56 HWY Toronto W10, ON N0A 1R0
50 Acres Lot
UPDATED:
02/27/2025 06:30 PM
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mount Olive-Silverstone-Jamestown
MLS Listing ID W11991646
Annual Tax Amount $1,424
Tax Year 2024
Lot Size 50.000 Acres
Property Sub-Type Vacant Land
Property Description
Fantastic opportunity for Developers and Builders with this prime ~88-acre parcel of land situated near the main intersection at Empire Corners on Highway 56 just 10 min south of Binbrook and all amenities. Also, adjacent to one of Haldimand County's most prestigious developments; know as Empire Country Estates, consisting of 41 luxurious multi-million-dollar custom homes. Features stunning vistas and rolling farmland with some forest. With the Provincial Governments promise to increase housing supply and their goal of building 1.5 million homes by 2031, this parcel offers tremendous potential for a large residential development/subdivision or country estate building-lots in the near future. The property is Zoned Agricultural with approximately 65 acres currently being used for cash crop, ~23 acres of forest and ~1417 feet of frontage along HWY 56 with natural gas & hydro available. Tenant farmer shall be allowed to harvest existing crop. Located 20 minutes south of Hamilton and the LINC with easy access to Hwy 403/Toronto. Also, close to 2 golf courses, near the Grand River en-route to Lake Erie. The Buyer is responsible to complete their own due diligence regarding a Zoning Amendment, intended future development, severances, and any plan of subdivision. A rare and potentially lucrative investment opportunity! Can be sold together with 60 acre parcel nearby on Haldimand Rd 9 MLS #X11991252
Location
Province ON
County Toronto
Community Mount Olive-Silverstone-Jamestown
Area Toronto
Zoning A
Rooms
Kitchen 0
Interior
Interior Features None
Exterior
Lot Frontage 339.54
Lot Depth 3137.86
Others
Senior Community No
Listed by ROYAL LEPAGE NRC REALTY