1047 Milburough Line, Hamilton, Ontario L0R1H0

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..

$429,000

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List Price
$429,000
MLS®
X13012374
Days on Market
100
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Lot Size Dimensions
1278 x 961 FT ; L shaped
Subdivision
Rural Flamborough

Property Description

16 plus country acres, beautifully wooded on the North Burlington / Hamilton border. The area is one of open space and country homes on large lots, within minutes of Dundas St and the amenities of North Burlington. High speed internet via Bell Fibe is available in the area. The land is currently classified as P7,P8 which is a no build zone but has recently had the wetland encumbrance removed from the North end of the parcel, so building near a wetland is no longer an issue. But Hamilton has a heritage designation on the property that will have to be addressed through the use of a planner and possibly the Ontario Land Tribunal(OLT). The goal would be to remove or amend the heritage designation from the north end of the land such that a home could be built. The final hurdle would be the NEC, and typically, without other restrictions, the NEC will allow the build of a single residence on the land. Each of these steps will come at a cost and there is no guarantee that any/all will be successful, but that would be a question to discuss with your planner. Ultimately the Buyer(s) must satisfy themselves that the land suits their future plans. The price of this land reflects the challenges that will need to be addressed in order to secure a building permit. (id:5764)

Additional Information

Subdivision
Rural Flamborough
Country
Canada
Lot Features
Irregular lot size

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Calculator source: Real Geeks