$4,500,000
32.85 BTC
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S1/2 Lt 56 Highway, Toronto
$4,500,000
PRICE
0
BEDROOMS
0
BATHROOMS
W11991646
MLSID

S1/2 Lt 56 Highway, Toronto

Fantastic opportunity for Developers and Builders with this prime ~88-acre parcel of land situated near the main intersection at Empire Corners on Highway 56 just 10 min south of Binbrook and all amenities. Also, adjacent to one of Haldimand County's most prestigious developments; know as Empire Country Estates, consisting of 41 luxurious multi-million-dollar custom homes. Features stunning vistas and rolling farmland with some forest. With the Provincial Governments promise to increase housing supply and their goal of building 1.5 million homes by 2031, this parcel offers tremendous potential for a large residential development/subdivision or country estate building-lots in the near future. The property is Zoned Agricultural with approximately 65 acres currently being used for cash crop, ~23 acres of forest and ~1417 feet of frontage along HWY 56 with natural gas & hydro available. Tenant farmer shall be allowed to harvest existing crop. Located 20 minutes south of Hamilton and the LINC with easy access to Hwy 403/Toronto. Also, close to 2 golf courses, near the Grand River en-route to Lake Erie. The Buyer is responsible to complete their own due diligence regarding a Zoning Amendment, intended future development, severances, and any plan of subdivision. A rare and potentially lucrative investment opportunity! Can be sold together with 60 acre parcel nearby on Haldimand Rd 9 MLS #X11991252
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Summary

Address
S1/2 Lt 56 Highway
MLSID
W11991646
Property Type
Vacant Land
Property Category
Zoning
A
Taxes (Annual)
$1,424.00
Tax Year
2024
Published
February 27, 2025
Days on Market
115 Days
Possession Type
Flexible
Possession Details
Flexible
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Details

Lot Width
340 Feet
Lot Depth
3,138 Feet
Water
None
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE NRC REALTY
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