
97 5TH CONCESSION
Hamilton, Ontario
8,000 sqft • Other
Rare 9.67-acre property offering a unique agricultural-commercial opportunity with significant infrastructure already in place. The site includes approximately 28,000 sq ft of outbuildings suitable for specialty agriculture, controlled-environment growing, storage, or other agri-related commercial operations permitted within agricultural zoning. The primary commercial structure is a 20,000 sq ft insulated building previously approved for cannabis cultivation and equipped with mezzanines, Level 9 walk-in vault, water service, natural gas heating, 600-amp 3-phase power, and a truck loading door-providing a strong foundation for cannabis production, specialty crop cultivation, pharmaceutical plant growth, or other permitted agricultural processing uses. An additional 8,000 sq ft utility/storage building currently used for storage and featuring a refrigerated indoor skating rink from the property's original estate design offers further operational or recreational flexibility. The property also features a 250 kW roof-mounted commercial solar system enrolled in the Electra Feed-in Tariff program with approximately 9 years remaining, generating approximately $260,000 annually in contracted revenue. A large approx. 8,250 sq ft residence is privately set well back from the road along a paved, tree-lined drive. While the home would benefit from updating, it offers potential to be restored as a country estate, converted to a corporate head office, staff accommodations, or a retreat-style facility supporting an agricultural enterprise. An exceptional opportunity for buyers seeking a large-scale agricultural production facility, specialty growing operation, or agri-related headquarters with substantial infrastructure and built-in income.
Price History
Property
- Lot Size
- 9.77 acres
Schools
Elementary
- Rockton School2.4 km
Public · Hamilton-Wentworth DSB · 515 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 38% 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
Other in Hamilton · last 12 months
- Median sold price
- $681,000
- Homes sold
- 4,997
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,997 recorded sales of other properties in Hamilton over the last 12 months.
Walk Score
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Location
Mortgage Calculator
$1,700,000
Estimated Monthly Payment
$41,758
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $41,758/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $2,125/mo
Estimates only. Consult a financial advisor.
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