Main Image
1047 MILBUROUGH Line Hamilton ON L0R 1H0
Price $ 575,000
Listing ID X12449853
Property Type Vacant Land
County Hamilton
Neighborhood Rural Flamborough
Days on website 70
Description
16 plus country acres, beautifully wooded on the North Burlington / Hamilton border. The area is one of open space and country homes on large lots, within minutes of Dundas St and the amenities of North Burlington. High speed internet via Bell Fibe is available in the area. The land is currently classified as P7,P8 which is a no build zone but has recently had the wetland encumbrance removed from the North end of the parcel, so building near a wetland is no longer an issue. But Hamilton has a heritage designation on the property that will have to be addressed through the use of a planner and possibly the Ontario Land Tribunal(OLT). The goal would be to remove or amend the heritage designation from the north end of the land such that a home could be built. The final hurdle would be the NEC, and typically, without other restrictions, the NEC will allow the build of a single residence on the land. Each of these steps will come at a cost and there is no guarantee that any/all will be successful, but that would be a question to discuss with your planner. Ultimately the Buyer(s) must satisfy themselves that the land suits their future plans. The price of this land reflects the challenges that will need to be addressed in order to secure a building permit.
Location
Financial Information
List Price: $ 575000
Taxes: $ 1076
Property Features
Acreage: 10-24.99
Fronting On: West
Lot Features: Irregular Lot
Listed By:     ROYAL LEPAGE REAL ESTATE SERVICES LTD.