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Ryan Schinker

ryan@soldbyschinker.com +1(519) 807-8485

Listed by Drew Woolcott • RE/MAX Escarpment Realty Inc.

$ 8,250,000

Est. payment | -/mo

5 Beds

5 Baths

6,364 SqFt

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$ 8,250,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

5 Baths

6,364 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 6,364 sqft

Price per Sqft $1,296

MLS Listing ID 40876834

Style Gothic Revival

Bedrooms 5

Full Baths 5

Abv Grd Liv Area 6,364

Year Built 1978

Annual Tax Amount $18,907

Lot Size 9.773 Acres

Acres 9.773

Property Sub-Type Detached

Source Cornerstone

Property 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 9.77-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.

Location

Province ON

County Hamilton

Area 43 - Flamborough

Zoning A2, P7

Direction HWY 6, EAST ON 5TH CONCESSION

Rooms

Basement Full, Finished

Bedroom 2 5

Kitchen 2

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Window Features Window Coverings

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry Main Level

Exterior

Parking Features Detached Garage

Garage Spaces 8.0

Roof Type Asphalt Shing

Street Surface Paved

Lot Frontage 349.06

Lot Depth 1381.9

Garage Yes

Building

Lot Description Rural, None

Faces HWY 6, EAST ON 5TH CONCESSION

Foundation Concrete Block

Sewer Septic Tank

Water Well

Architectural Style Gothic Revival

Level or Stories 2

Structure Type Brick Veneer

New Construction No

Others

Senior Community No

Tax ID 175120172

Ownership Freehold/None

Virtual Tour https://listings.northernsprucemedia.com/videos/01a1a2cf-c350-7065-bb98-cbd9fae8bfe0

Nearby Locations

Ryan Schinker

Agent

+1(519) 807-8485 | ryan@soldbyschinker.com

97 5th Concession Road Hamilton, ON L8B 1K4

Ryan Schinker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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97 5th Concession Road