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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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505 Kenora Avenue Hamilton
For SalePrice DropHamilton

505 Kenora Avenue Hamilton, Land for Sale

MLS® X12110169

Hamilton, ON

556 days on market
$27,000,000
Previously $29,950,000
Show on Map
Show on Map
N/ABeds
N/ABaths
10Sqft
N/AParking
Land

Overview· 505 Kenora Avenue Hamilton

MLS® #X12110169

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.

Broker

COLLIERS

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Highlights & Amenities· 505 Kenora Avenue Hamilton

Source: MLS® listing data
505 Kenora Avenue Hamilton

Land

505 Kenora Avenue Hamilton

Hamilton

Type

Land

Parking

Outside/Surface

Property Tax

~$181,936/yr

Buying Essentials

Square Feet

10 sqft

Parking

Outside/Surface

Finances

List Price

$27,000,000

Price per SQFT

$2,700,000/sqft

Property Tax

~$181,936/yr

Property Specs

Property Type

Land

MLS Size

10 sqft

Policies & Utilities

Neighbourhood

Hamilton

Listed On

Apr 29, 2025

Price & Listing History

Days on Market

Current: 556 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$108,599/mo
Property Tax$15,161/mo
Total Monthly$123,760

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0