



























1/29719 KNOX AVENUE, Hamilton (Parkview), ON L8H6K7
$799,000 total
—
Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
93%
Rare Opportunity on a Premium Lot in East Hamilton! This nearly 1-acre parcel lot offers endless potential for investors, builders, and savvy homebuyers. Situated in a rapidly evolving neighbourhood, the property features an existing home that can be lived in or rented out for income while planning development. Pre-approved zoning for the construction of up to 4 single-family homes, with exciting re-zoning potential for increased density. Municipal gas, water, and sewer lines are already connected! A major cost-saving advantage for future development. Located just minutes from the QEW and approximately 1 hour to the GTA, making it an ideal commuter location. Whether you're looking to develop immediately, land bank, or generate rental income, this property checks all the boxes. Don't miss your chance to invest in one of Hamiltons most promising growth pockets! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$37K
Annual cash flow
$-7K
Cash-on-cash
-2.89%
DSCR
0.84
Going-in cap
4.67%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
121,841
Households
52,701
Median income
$138,000
Median age
40.1
Daytime population
189,384
5-yr growth
5.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 719 KNOX AVENUE, Hamilton (Parkview).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.