56 Highway
Mount Olive-Silverstone-Jamestown, Toronto
$4,500,000
Buy with Dwelly and Save $45,000
Home Details
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Listing 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
City: Toronto
Neighborhood: Mount Olive-Silverstone-Jamestown
Property History
Rooms
Room dimensions for 56 Highway, Toronto
Market Trends and Insights
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $4500000 |
| Down Payment | $900000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $3600000 |
Monthly Payment
| Mortgage Payment | $22184 |
| Property Taxes | $119 |
| Maintenance Fees | $0 |
| Monthly Payment | $22303 |
About 56 Highway, Toronto
Located at S1/2 Lt 56 Highway , this Toronto house is available for sale. This property was listed for $4,500,000 on Thu Feb 27 2025. This house's size is 339.54 x 3137.86 Feet. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . S1/2 Lt 56 Highway, Toronto is situated in the Mount Olive-Silverstone-Jamestown neighbourhood.
MLS#: W11991646 · $4,500,000 · null bedroom house in Mount Olive-Silverstone-Jamestown, Toronto