97 5th Concession Road, Hamilton, Ontario

$8,250,000

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5

Beds

5

Baths

6,364

Square feet

9.77

Acres

About 97 5th Concession Road

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 9.77-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. (id:6289)

More Info on this 044 - Flamborough East House MLS® listing

97 5th Concession Road is a house listing for sale in Hamilton. The MLS® number is 40876834. It was built in 1978, features 5 bedrooms, 5 bathrooms and covers 6,364 square feet. It's currently listed for $8,250,000. For more details on MLS® 40876834, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in 044 - Flamborough East is available now!

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Features of 97 5th Concession Road

Listing # 40876834
Price $8,250,000
Bedrooms 5
Bathrooms 5.00
Square Footage 6,364
Acres 9.77
Year Built 1978
Type Single Family
Sub-Type House
Style Other

Community Information

Address 97 5th Concession Road
Subdivision 044 - Flamborough East
City Hamilton
Province Ontario
Postal Code L8B1K4

Amenities

Features Southern exposure, Country residential
Parking Spaces 58
Parking Detached Garage, Open
Garages Detached Garage, Open
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick Veneer
Lot Description 9.773
Foundation Block

Additional Information

Zoning A2, P7

Listing Details

OfficeRE/MAX Escarpment Realty Inc.

Listing Map

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