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$575,000
1047 MILBUROUGH Line, Hamilton, ON L0R 1H0
Hamilton, ON L0R 1H0
Property Sub Type
Vacant Land
Property Type
Residential Freehold
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.
