24
$39,500,000
451 Book Road E, Hamilton, ON L9G 3L1
Airport Employment Area
4 ba
2,003,324 sf
2 months on marketMLS® X13709750
Listing courtesy of LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.
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For saleMLS® X13709752
451 Book Road E, Hamilton, ON L9G 3L1
Airport Employment Area · L9G 3L1
$39,500,000
$20 / sq ft2 months on market
- Interior
- 2,003,324 sf
- Lot
- 677.61 × 2970.48 ft
About this property
Excellent opportunity to acquire 45.99 acres of industrial-zoned land in Hamilton's highly sought-after Airport Employment Growth District (AEGD). Zoned Airport Prestige Business (M11) and Airport Light Industrial (M10), this property offers outstanding development potential in one of the GTA's fastest-growing employment corridors. Located just minutes from the Hamilton International Airport, major highways, amenities, and national logistics and fulfillment operations. The property features 677 feet of frontage on Book Rd. E, with onsite pond. Currently operated as a multi-generational family farm, the property is serviced with Natural Gas , and includes two duplexes and multiple barns and outbuildings, providing interim income potential or flexibility while planning future development. A rare opportunity for developers, investors, and owner-users seeking strategic industrial land holding in Hamilton's premier employment growth area.
Property details
Property
- Property type
- vacant land
- Interior size
- 2,003,324 sq ft
- Lot size
- 677.61 × 2970.48 ft
- Zoning
- M11, (H)37. Airport Prestige Business
- Possession
- Flexible
Exterior & services
- Water
- Dug Well
- Sewer
- Septic
Costs
- List price
- $39,500,000
- Property taxes
- $5,054 / year (2026)
- Price per sq ft
- $20
Listing
- MLS® number
- X13709752
- Status
- For sale
- Listed
- August 25, 2026
- Days on market
- 72
- Last updated
- August 25, 2026
- Listing brokerage
- LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 99% of comparable vacant land listings in Hamilton are asking less.
$180KMedian $1.50M$5.30M
- This home
- $20 / sq ft
- Comparable median
- $114 / sq ft
Based on 95 comparable active vacant land listings in Hamilton. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $7,900,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $174,721.82
- Property tax (est.)
- $421.18
- Estimated monthly
- $175,143
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $973,975
- Total due on closing
- $973,975
An estimate on the asking price of $39,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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