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Renanza Realty
For sale

97 5TH CONCESSION Road

Hamilton, Ontario

MLS® 40876834

$8,250,000

Status
Active
Property type
House
MLS® number
40876834
Bedrooms
5
Bathrooms
5
Year built
1978

Listing description

Purpose-built shell for a licensed cannabis/mushroom/vertical producer, minutes north of Waterdown with fast Hwy 6 access to the 401/403/407. The centrepiece of this 9. 67-acre A2-zoned site is a never-used 20,000 sq ft (250' x 80') insulated building designed and previously approved for indoor cannabis cultivation.

It already has the infrastructure growers spend the most time and money on: a 400 sq ft Level 9 walk-in vault for secure product storage, 600-volt 3-phase power, natural gas heat, water service, two 20' x 80' mezzanines for drying, processing or office space, a 12' x 14' truck door and 5-man doors. You can design the interior around your own cultivation plan instead of tearing out someone else’s. A 250 KW roof-mounted solar system brings in approx.

$260,000 a year in contracted revenue (approx. 9 years remaining), offsetting operating costs from day one. A second 8,000 sq ft insulated utility building adds room for packaging, equipment, supply storage or expansion.

The approx. 8,250 sq ft residence including indoor pool, set well back on a paved tree-lined drive, can serve as head office, staff quarters or an on-site owner’s residence, making this a secure, self-contained campus. A rare chance to skip years of land search, rezoning and construction and go straight to licensing.

Don’t be TOO LATE*! *REG TM. RSA.

Property summary

MLS® number
40876834
Property type
Single Family
Building type
House
Square footage
6,364 sq ft
Title
Freehold
Land size
9.773 acres
Built in
1978
Annual property taxes
$18,907.00
Parking
58 spaces · Detached Garage, Open
Days on market
0 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior features
Brick Veneer
Lot features
Southern exposure, Country residential
Architectural style
Other

What would this home cost you?

Based on the $8,250,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$38,386 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Escarpment Realty Inc., Waterdown.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.