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$799,999Asking Price

719 KNOX Avenue, Hamilton, ON L8H 6K7

Parkview, Hamilton

Detached
2
Bedrooms
1
Bath
5
Parking
Days on Market

Incredible opportunity in family-friendly East Hamilton! Nestled on a premium lot just under 1 acre and minutes away from the QEW Highway and public transit, this cozy 2-bedroom, 1-bath bungalow offers endless potential for both seasoned investors and first-time homebuyers alike. The charming home is move-in ready, perfect for those looking to live now and build later. Situated in a rapidly growing pocket of East Hamilton, this property comes with current zoning approved to build four single-family homes, making it ideal for developers or builders! Even more exciting is the potential for re-zoning, offering possibilities for increased density or a larger-scale development in the future. This unique parcel of land is on municipal water and sewer lines, a rare and valuable feature for lots of this size, saving you time and significant development costs. Whether you're looking to develop right away or land bank and hold for future appreciation, this location checks all the boxes! Just under an hour from both the GTA and Niagara Falls, the property offers excellent commuter access, attracting interest from a wide pool of potential end users. The lot's generous dimensions provide ample space for a variety of uses. Whether you're envisioning custom homes, townhouses, rental properties, or a family compound, enjoy the flexibility of overseeing your development or generating rental income from the existing dwelling while pursuing re-zoning for even more potential. Don't miss this exceptional investment opportunity in one of Hamilton's most promising and accessible areas.

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Incredible opportunity in family-friendly East Hamilton! Nestled on a premium lot just under 1 acre and minutes away from the QEW Highway and public transit, this cozy 2-bedroom, 1-bath bungalow offers endless potential for both seasoned investors and first-time homebuyers alike. The charming home is move-in ready, perfect for those looking to live now and build later. Situated in a rapidly growing pocket of East Hamilton, this property comes with current zoning approved to build four single-family homes, making it ideal for developers or builders! Even more exciting is the potential for re-zoning, offering possibilities for increased density or a larger-scale development in the future. This unique parcel of land is on municipal water and sewer lines, a rare and valuable feature for lots of this size, saving you time and significant development costs. Whether you're looking to develop right away or land bank and hold for future appreciation, this location checks all the boxes! Just under an hour from both the GTA and Niagara Falls, the property offers excellent commuter access, attracting interest from a wide pool of potential end users. The lot's generous dimensions provide ample space for a variety of uses. Whether you're envisioning custom homes, townhouses, rental properties, or a family compound, enjoy the flexibility of overseeing your development or generating rental income from the existing dwelling while pursuing re-zoning for even more potential. Don't miss this exceptional investment opportunity in one of Hamilton's most promising and accessible areas.

Key Info

  • Bungalow Detached
  • 5-Car Driveway
  • No Garage
  • Knox Ave & Glow Ave
  • 700-1100 Approximate Sq Feet
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 21.7 x 210 Feet
  • .50-1.99 Acreage
  • Vinyl Siding Exterior
  • Taxes were $3,812 in 2024
  • Possession: Immediate

Details

  • No Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #X12204825
  • RE/MAX METROPOLIS REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.33' x 9.19' Hardwood Floor, Combined with Dining, Open Concept
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

Parkview, Hamilton is a west GTA neighbourhood notable for its singles, salespeople, tradespeople and manufacturing workers. Residents tend to be older with a significant number of adults aged 25 to 29, 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

49% of residents are
single and loving it.

49% singles

Hamilton (46%)

Renters

13% of residents
are renters.

13% renters

Hamilton (32%)

Education

9% of residents are
university grads.

9% university grads

Hamilton (28%)

Income

Average Household Income

$89K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 19%
Trades 16%
Business 7%
Manufacturing 7%
Management 3%

Immigrants

12% of residents were
born outside of Canada.

12% immigrants

Hamilton (25%)

Birthplace - All

Caribbean was once home to 1.4% of immigrants.
UK 1.3%
Jamaica 1.1%
Columbia 0.9%
India 0.9%

1.4% from Caribbean
All-time

Birthplace - Recent

Philippines was once home to 0.3% of immigrants.
Columbia 0.2%
India 0.2%
Turkey 0.1%

0.3% from Philippines
Recent

Foreign Languages

Foreign Languages

French 3%
Portuguese 2%
Spanish 2%
Arabic 1%
Italian 1%

Religions

Religions

Christian 60%
Hindu 2%
Muslim 1%