2450 Regional Road 56, Hamilton, ON L0R 1C0
Binbrook · L0R 1C0
$699,900
$46 / sq ft5 days on market
- Interior
- 15,328 sf
- Lot
- 66.15 × 231.85 ft
About this property
Prime Commercial Development Opportunity in the Growing Community of Binbrook! Located along Highway 56, this vacant parcel of land offers excellent visibility, convenient access and exciting potential for future development. Zoned C6 (Mixed Use Medium Density), the property allows for a wide variety of permitted uses, including retail, restaurants, professional offices, medical clinics, personal services, self-storage facilities, commercial recreation, mixed-use residential units and more. Ideally positioned in a growing community surrounded by established residential neighbourhoods and local amenities, this property presents an excellent opportunity for investors, developers and business owners looking to establish a presence in Binbrook. Whether you're planning a commercial development, mixed-use project or long-term investment, this versatile property offers plenty of possibilities. Buyer to complete their own due diligence regarding zoning, permitted uses, servicing and development approvals.
Property details
Property
- Property type
- vacant land
- Interior size
- 15,328 sq ft
- Lot size
- 66.15 × 231.85 ft
- Zoning
- C6
- Possession
- Immediate
Costs
- List price
- $699,900
- Property taxes
- $2,868 / year (2026)
- Price per sq ft
- $46
Listing
- MLS® number
- X14133420
- Status
- For sale
- Listed
- October 30, 2026
- Days on market
- 5
- Last updated
- October 30, 2026
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Price & sale history
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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 in line with comparable listings — about 32% of comparable vacant land listings in Hamilton are asking less.
- This home
- $46 / 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
- Principal & interest
- $3,621.11
- Property tax (est.)
- $239.04
- Estimated monthly
- $3,860
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
- $10,473
- Total due on closing
- $10,473
An estimate on the asking price of $699,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ESCARPMENT REALTY 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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