Parkview · L8H 6K7
$799,999
$1,143 / sq ft3 months on market
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Incredible opportunity in family-friendly East Hamilton! Nestled on a premium lot just under 1 acre and minutes away from the QEW Highway and public transit, this cozy 2-bedroom, 1-bath bungalow offers endless potential for both seasoned investors and first-time homebuyers alike. The charming home is move-in ready, perfect for those looking to live now and build later. Situated in a rapidly growing pocket of East Hamilton, this property comes with current zoning approved to build four single-family homes, making it ideal for developers or builders! Even more exciting is the potential for re-zoning, offering possibilities for increased density or a larger-scale development in the future. This unique parcel of land is on municipal water and sewer lines, a rare and valuable feature for lots of this size, saving you time and significant development costs. Whether you're looking to develop right away or land bank and hold for future appreciation, this location checks all the boxes! Just under an hour from both the GTA and Niagara Falls, the property offers excellent commuter access, attracting interest from a wide pool of potential end users. The lot's generous dimensions provide ample space for a variety of uses. Whether you're envisioning custom homes, townhouses, rental properties, or a family compound, enjoy the flexibility of overseeing your development or generating rental income from the existing dwelling while pursuing re-zoning for even more potential. Don't miss this exceptional investment opportunity in one of Hamilton's most promising and accessible areas.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 100% of comparable detached listings in Parkview are asking less.
Based on 11 comparable active detached listings in Parkview. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $799,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX METROPOLIS REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.