Was listed for:Expired Aug 27, 2025
$650,000

3053 Highway 56

Hamilton (Binbrook), ON L0R 1C0

Detached House ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 3053 Highway 56, Hamilton, Binbrook

2025-03-13
2025-08-27
Expired
Price
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MLS#
x12016406

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 3053 Highway 56, Hamilton, Binbrook

ATTENTION INVESTORS: Prime Investment Opportunity in Downtown Binbrook!Unlock the potential of this expansive lot in the heart of Binbrook's growing commercial district! Zoned C5A for mixed-use, including residential, this property offers endless development possibilities whether you envision a residential home, retail storefront, office space or a multi-use complex.With a high-visibility location and a growing community, this is a rare chance to invest in a versatile property that can adapt to various business and residential needs. The true value is in the land don't miss out on this exceptional opportunity!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,853
Land Transfer Tax Fee
$9,475

Basement Type
None

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Beach, Golf, Hospital, Library, Place Of Worship, School

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
71.00 ft
Lot Depth
166.57 ft

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Other
Heat Type
Other
Air Conditioning
Central Air
Water
Other
Sewers
Sewer

Bedrooms
1
Washrooms
1
Kitchens
1

Washrooms

  • 4-piece

Municipality
Hamilton
Neighbourhood
Binbrook
Main cross streets
HWY 56 & BINBROOK RD
Directions
HWY 56 & BINBROOK RD

MLS® number
X12016406
Data source
Toronto Regional Real Estate Board
Status change
2025-08-27
Listed on
2025-03-13
Days on market
167 days
Possession type
Immediate
Co-op commission
2.00 + HST
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for 3053 Highway 56, Hamilton, Binbrook, Hamilton, ON. Listed for $650,000

HOMEH Estimate

?

$653,000

Estimated Sales Range

?

$515,870 - $790,130

HOMEH Estimate for 3053 Highway 56, Hamilton, Binbrook

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$653,000Medium confidence
Based on 3 comparable properties
− $3,000 (0%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hamilton, ON
Minimum Down Payment Required:6.2%

5% on first $500K + 10% on $150,000 over $500K

Minimum down payment

$40,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,388$18,135$15,470$0
=Total mortgage
$634,088$603,135$567,970$520,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,096monthly$2,945monthly$2,773monthly$2,539monthly
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Land Transfer Tax

Provincial

$9,475

Total Land Transfer Tax

$9,475

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