1047 Milburough Line

Flamborough East, Hamilton, ON L0R 1H0

For Sale · MLS® 40821814 · Cornerstone (ITSO) MLS®
Land
Type

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.

01 / Property recordListing details

Key Facts

MLS® #
40821814
Board
Cornerstone (ITSO) MLS®
Days on market
Tax
$1,076
Lot
1278.00 × 961 ft

Listing History

Listing activity for 1047 Milburough Line, Hamilton, ON

Date StartDate EndList PricePriceEventListing ID
N/AN/A$800,000N/AFor Sale40821814

Property Details

Property

Property Type
Land
Style
Land - (Residential)
Community
Flamborough East
Municipality
Hamilton

Utilities

Water
None

Land

Sewer
None
Lot Size
1278.00 × 961 ft

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$3,668

  • Down payment$160,000
  • Mortgage amount$640,000
  • Total interest$460,400
  • Total cost$1,260,400

Cash flow analysis

$3,668

Total monthly payment

$3,758

Break-even down payment

100%

Cash flow-$3,758
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$800,000

$800,000

CAD

Estimate unavailable

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