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97 5th Concession Road Hamilton, Ontario L8B 1K4

5 Bedroom 5 Bathroom 6364 sqft
Other Central Air Conditioning Forced Air Acreage

$8,250,000

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. (id:61499)

Property Details

MLS® Number 40876834
Property Type Single Family
Features Southern Exposure, Country Residential
ParkingSpaceTotal 58

Building

BathroomTotal 5
BedroomsAboveGround 5
BedroomsTotal 5
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
ArchitecturalStyle Other
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1978
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick Veneer
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 6364 Sqft
Type House
UtilityWater Well

Parking

Detached Garage
Open

Land

AccessType Road Access
Acreage Yes
Sewer Septic System
SizeDepth 1382 Ft
SizeFrontage 349 Ft
SizeIrregular 9.773
SizeTotal 9.773 Ac|5 - 9.99 Acres
SizeTotalText 9.773 Ac|5 - 9.99 Acres
ZoningDescription A2, P7

Rooms

Level Type Dimensions
Second Level 5pc Bathroom 12'11'' x 15'10''
Second Level Bedroom 12'10'' x 15'10''
Second Level Bedroom 14'11'' x 10'4''
Second Level Bedroom 20'2'' x 16'2''
Second Level 4pc Bathroom 12'9'' x 6'4''
Second Level Bedroom 20'3'' x 21'10''
Second Level 5pc Bathroom 8'4'' x 12'4''
Second Level Primary Bedroom 19'5'' x 32'4''
Main Level 3pc Bathroom 6'6'' x 9'5''
Main Level 4pc Bathroom 6'8'' x 7'8''
Main Level Kitchen 28'6'' x 12'4''
Main Level Family Room 28'1'' x 36'6''
Main Level Kitchen 19'3'' x 15'8''
Main Level Living Room 21'5'' x 45'1''

https://www.realtor.ca/real-estate/30486970/97-5th-concession-road-hamilton

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Drew Woolcott
Broker


RE/MAX Escarpment Realty Inc.
#1b-493 Dundas Street E.
Waterdown, Ontario L0R 2H1

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