29 Severn Street Hamilton, Ontario L8R 2L5

$549,900

Great opportunity here at 29 Severn St. in Central Hamilton. This parcel of land is located one block away from Hamilton's fine restaurants and entertainment district, while located on a quiet, family-friendly street.  The City offers a wide range of development opportunities for this lot. - This Site Has lots of Potential . City is in High favour of High-Density Mixed-Use Developments in This Area. Close to the GO Station, LRT, Mobility Hub, Shopping center's, Schools, Hwy access and more! - Zoned with the City as: currently zoned H -  H/S 1310 - H/S 1310a - zoning verification to be done by buyer(s). There was an approved permit from the city to build  a 5-story mixed used complex that included commercial at/on grade level and 6 residential units on 4 floors above, which has now expired, but gives you an idea of the possibilities. An abutting parcel/building is located at 237 James St N is also available for purchase under separate ownership and representation (ML#40796237). The availability of the two side-by-side properties presents a rare opportunity. Acquiring the adjacent parcels may increase total land area and frontage, consolidate the lot lines and, paired with applicable zoning permissions, may unlock a unique potential development opportunity for the right group or individual. (id:12481)

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https://www.realtor.ca/real-estate/29265410/29-severn-street-hamilton