451 Book Road E, Hamilton

$39,500,000
451 Book Road E

$39,500,000

New
59d
Land

451 Book Road E, Hamilton

Total Monthly Obligation $160,128

Beds
0
Baths
0
Park
0
DOM
59d
Property Type-Land
MLS® Number-X13709752
Beds-0
Lot Size-677.61 × 2970.48 ft
Listed on site-Aug 25, 2026
Building Type-Land
Taxes-$5,054.21 (2026)
Brokerage-LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.
Fireplace-No
Pool-None
Sewer-Septic
Possession-Flexible
Neighbourhood-Airport Employment Area
Title-Commercial

No agent assigned

Excellent opportunity to acquire 45.99 acres of industrial-zoned land in Hamilton's highly sought-after Airport Employment Growth District (AEGD). Zoned Airport Prestige Business (M11) and Airport Light Industrial (M10), this property offers outstanding development potential in one of the GTA's fastest-growing employment corridors. Located just minutes from the Hamilton International Airport, major highways, amenities, and national logistics and fulfillment operations. The property features 677 feet of frontage on Book Rd. E, with onsite pond. Currently operated as a multi-generational family farm, the property is serviced with Natural Gas , and includes two duplexes and multiple barns and outbuildings, providing interim income potential or flexibility while planning future development. A rare opportunity for developers, investors, and owner-users seeking strategic industrial land holding in Hamilton's premier employment growth area.

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Closing Costs

Mortgage Amount
$31,600,000
Land Transfer Taxes$973,975
Legal Fees (Est.)
$
Total cash required for closing$8,875,475

Total Monthly Obligation

$160,128/mo
Mortgage $159,332
Monthly Loss $118,200
Principal$41,928
Interest$117,404
Property Tax$421
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 451 Book Road E

Time

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Data last updated within the past 24 hours.