383 PARKSIDE Drive
Hamilton, Ontario
3 bed • 3 bath • Agriculture
Rare opportunity to own an expansive 56.04 acre property in the heart of Waterdown offering exceptional versatility and long-term potential. Located at 383 Parkside Drive, this unique property features two residential units and lease-back opportunities, making it ideal for investors seeking immediate income while planning for the future. Zoned A2, P7 and P8, the land supports a wide range of uses. Conveniently located just minutes from Burlington, Hamilton, and major commuter routes, with quick access to Highway 6, the QEW, and the 403. Surrounded by continued growth and several nearby subdivision proposals, this property also represents an exceptional long-term investment and development opportunity. Note: potential lease back as the seller would consider leasing back a portion of the land.
Price History
Property
- Lot Size
- 56.04 acres
Schools
Elementary
- Mary Hopkins Public School0.8 km
Public · Hamilton-Wentworth DSB · 500 students
Grade 3 reading: 71% met the provincial standard
- Guardian Angels Catholic Elementary School1.5 km
Catholic · Hamilton-Wentworth CDSB · 455 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 65% met the provincial standard
- St. Thomas Catholic Elementary School1.6 km
Catholic · Hamilton-Wentworth CDSB · 700 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 58% met the provincial standard
Secondary
- Waterdown District High School1.8 km
Public · Hamilton-Wentworth DSB · 1140 students
Grade 10 literacy: 90% 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 L8B
- Population
- 25,778
- Private dwellings
- 9,053
- Median age
- 38.4
- Average household size
- 2.9
- Median household income
- $131,000
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
Agriculture in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 4,993
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,993 recorded sales of agriculture properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$1,240,000
Estimated Monthly Payment
$30,459
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $30,459/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $1,550/mo
Estimates only. Consult a financial advisor.
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