97 5th Concession E,Hamilton, ON L8B 1K4
Hamilton, ON L8B 1K4
Description
Rare 9.67-acre property offering a unique agricultural-commercial opportunity with significant infrastructure already in place. The site includes approximately 28,000 sq ft of outbuildings suitable for specialty agriculture, controlled-environment growing, storage, or other agri-related commercial operations permitted within agricultural zoning. The primary commercial structure is a 20,000 sq ft insulated building previously approved for cannabis cultivation and equipped with mezzanines, Level 9 walk-in vault, water service, natural gas heating, 600-amp 3-phase power, and a truck loading door-providing a strong foundation for cannabis production, specialty crop cultivation, pharmaceutical plant growth, or other permitted agricultural processing uses. An additional 8,000 sq ft utility/storage building currently used for storage and featuring a refrigerated indoor skating rink from the property's original estate design offers further operational or recreational flexibility. The property also features a 250 kW roof-mounted commercial solar system enrolled in the Electra Feed-in Tariff program with approximately 9 years remaining, generating approximately $260,000 annually in contracted revenue. A large approx. 8,250 sq ft residence is privately set well back from the road along a paved, tree-lined drive. While the home would benefit from updating, it offers potential to be restored as a country estate, converted to a corporate head office, staff accommodations, or a retreat-style facility supporting an agricultural enterprise. An exceptional opportunity for buyers seeking a large-scale agricultural production facility, specialty growing operation, or agri-related headquarters with substantial infrastructure and built-in income.
Details
| MLS # | X12892796 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 164 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | X12892796 519012 |
Features
| SQ Feet | 425,581 |
|---|---|
| Acreage | 9.77 |
Exterior
| Community Features | Major Highway |
|---|
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Septic |
Taxes
| Tax Annual Amount | 17730.99 |
|---|---|
| Tax Assessed Value | 1516000 |
| Tax Type | Annual |
| Tax Legal Description | PT LT 11 CON 5 EAST FLAMBOROUGH, PTS 1 & 2, PLAN 62R16289, S/T EF26768 & PT LT 11 CON 5 EAST FLAMBOROUGH, PART 1, PLAN 62R19407 CITY OF HAMILTON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8B 1K4 |
| Area | Rural Flamborough |
| Listing VS Median (in L8B 1K4) | |
Price: $8,500,000 low | high Med: $8,500,000 sqft: 425,581 low | high Med: 425,581 $ / sqft: $20 low | high Med: $20 On site: 164 low | high Med: 164 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8B 1K4 |
| Area | Rural Flamborough |
| Listing VS Median (in L8B 1K4) | |
Price: $8,500,000 low | high Med: $8,500,000 sqft: 425,581 low | high Med: 425,581 $ / sqft: $20 low | high Med: $20 On site: 164 low | high Med: 164 | |
