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- LoopNet Team
1318-1328 Upper Wellington St
Hamilton, ON L9A 3S9
Land For Sale
·
2.18 AC
INVESTMENT HIGHLIGHTS
- VTB available up to 50% (3–5 year term)
- Due diligence complete | Holding income in place
- Identified for intensification under city policy
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Residential | Total Lot Size | 2.18 AC |
| Zoning | AA,C | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Commercial |
| Total Lot Size | 2.18 AC |
| Zoning | AA,C |
DESCRIPTION
Development Flexibility: Open to plain land sale, JV structure, or equity partnership Vendor Take-Back (VTB): Available up to 50%, term of 3 to 5 years Planning Status: Identified for intensification under Hamilton’s Residential Zones Project Development Potential: Conceptual plans support a 10-storey, 197-unit residential building with 303 underground parking spaces Due Diligence: Seller has completed multiple studies and planning reports Holding Income: Three of the four properties produce rental income during the entitlement phase
