587 JAMES Street
Hamilton, Ontario
- Vacant Land
Exceptional development opportunity in the heart of Hamilton. Strategically located at the high-traffic corner of James and Burlington Street, this impressive parcel offers an impressive 123 foot frontage on a very busy, high exposure corner. This property provides incredible flexibility for investors, builders and developers seeking strong exposure. Easy highway access, minutes to downtown Hamilton, and steps away from the waterfront. HS zoning allows for many commercial uses, with consistent vehicle and foot traffic, this is a rare opportunity to secure a high-profile lot in one of Hamilton's busy and evolving districts.
Price History
Property
- Lot Size
- 0.2 acres
Schools
Elementary
- St. Lawrence Catholic Elementary School0.4 km
Catholic · Hamilton-Wentworth CDSB · 310 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 57% met the provincial standard
- Bennetto Elementary School0.5 km
Public · Hamilton-Wentworth DSB · 540 students
Grade 3 reading: 54% met the provincial standard · Grade 6 math: 19% met the provincial standard
- Hess Street Junior Public School1.5 km
Public · Hamilton-Wentworth DSB · 310 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 38% met the provincial standard
Secondary
- System Alternative Education Sir Isaac Brock Secondary School1.9 km
Public · Hamilton-Wentworth DSB · 65 students
- Cathedral High School2.5 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- École secondaire Georges-P-Vanier2.7 km
French public · CS Viamonde · 85 students
Grade 10 literacy: 100% 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 L8L
- Population
- 32,312
- Private dwellings
- 14,444
- Median age
- 36.4
- Average household size
- 2.4
- Median household income
- $65,000
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 Hamilton · last 12 months
- Median sold price
- $680,000
- Homes sold
- 5,014
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,014 recorded sales of vacant land properties in Hamilton over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$299,800
Estimated Monthly Payment
$7,364
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,364/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $375/mo
Estimates only. Consult a financial advisor.
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