505 Kenora AVE, Hamilton, ON L8E 3P2
505 Kenora AVE, Hamilton, ON L8E 3P2
505 Kenora AVE, Hamilton, ON L8E 3P2
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$27,000,000
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10 SqFt
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505 Kenora AVE Hamilton, ON L8E 3P2

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Kenneth Yim

Kenneth Yim

+1(416) 906-0080

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 10 sqft

Price per Sqft $2,700,000

Subdivision Nashdale

MLS Listing ID X12110169

Annual Tax Amount $181,935

Tax Year 2024

Property Sub-Type Land

Lot Front 10.1

Property Description

Prime 10.1-acre industrial site in Hamilton's Nashdale industrial corridor, just minutes from the QEW and Centennial Parkway interchange. This M5-zoned property features three freestanding buildings totaling 76,706 SF with low site coverage and significant excess land, making it ideal for investors, owner-users, and developers. The property consists of multiple individual parcels, allowing for potential severance and resale to lower the cost basis. Building A offers 27,550 SF with 15'8" clear height, 9 dock doors, and 2 drive-in bays. Building B offers 22,265 SF with 13'2" clear height, 6 drive-in doors, and 2 dock doors. Building C offers 26,891 SF with 25'7" clear height and 8 drive-in doors. With approximately 17% site coverage, there is ample room for expansion, including additional industrial buildings, truck terminals, logistics hubs, or outdoor storage. M5 zoning allows for a wide range of permitted uses, including logistics, warehousing, manufacturing, and truck parking. Nearly all tenants are on month-to-month leases, providing flexibility to offer the site almost entirely vacant or continue generating income. Multiple access points from Kenora Avenue and Nash Road North provide excellent connectivity to major transportation routes. Fully serviced with individual hydro and gas meter, a bulk water meter, gas-fired forced-air heater, and HVAC in office areas. A rare opportunity for an owner-user seeking functional industrial space with room to grow, an investor looking for a high-demand asset, or a developer aiming to maximize site coverage and long-term value.

Location

Province ON

County Hamilton

Area Hamilton

Exterior

Utilities Available Yes

Lot Frontage 10.1

Others

ParcelsYN No

Listed by COLLIERS

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Kenneth Yim

Kenneth Yim

Broker of Record License ID: 9524831

+1(416) 906-0080

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505 Kenora AVE

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