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2311 HIGHWAY 56

2311 HIGHWAY 56

Binbrook, Ontario

Vacant Land

$2,499,000

Attention Builders, Developers, Investors & Dream-Home Seekers! An incredible opportunity awaits with this rare 5.54-acre parcel in the heart of Binbrook, one of Ontario’s fastest-growing communities. Surrounded by thriving new residential and multi-purpose developments, this prime piece of real estate offers endless potential for future development or a custom dream estate. Modest 4-bedroom, 2-bath bungalow featuring a walkout basement currently on the property, the home provides an excellent opportunity to rent or live in while planning your next move. Additional features include a massive 30' x 60' detached workshop/garage with 14-ft ceilings and concrete floors, horse barns, ample parking, and 2 driveways – ideal for a variety of uses. With flat topography and generous frontage, the land offers a versatile canvas for future residential or multi-use development proposals. Enjoy close proximity to major highways, schools, shops, and urban amenities, making it both a convenient and strategic investment. This is a rare and valuable opportunity to invest in a region experiencing rapid growth. With continued development and infrastructure plans underway in the surrounding area, this parcel is poised for strong appreciation. Don’t miss out – secure your future with this exceptional land offering. Endless possibilities await!

Price History

Schools

Elementary

  • École élémentaire Michaëlle Jean Elementary School0.6 km

    Public · Hamilton-Wentworth DSB · 305 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 48% met the provincial standard

  • Bellmoore Public School1.1 km

    Public · Hamilton-Wentworth DSB · 965 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 34% met the provincial standard

  • St. Matthew Catholic Elementary School1.9 km

    Catholic · Hamilton-Wentworth CDSB · 620 students

    Grade 3 reading: 84% met the provincial standard · Grade 6 math: 40% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L0R

Population
83,602
Private dwellings
29,717
Median age
40.8
Average household size
2.8
Median household income
$110,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Vacant Land in Binbrook · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of vacant land properties in Binbrook over the last 12 months.

Location

Mortgage Calculator

$499,800

Estimated Monthly Payment

$12,277

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $12,277/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $625/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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