For Sale

505 Kenora Avenue, Hamilton, Ontario L8E 3P2

$29,950,000

505 Kenora Avenue, Hamilton, Ontario L8E 3P2 is For Sale and has a listing price of 29,950,000. The property is located in the Nashdale neighbourhood . It's been on the website for 52 Days.

  • Land
    Property Type
  • MLS ID: X12110169
  • Office Name COLLIERS
Property Description

Prime 10.1-acre industrial site in Hamilton’s Nashdale industrial corridor, just minutes from the QEW and Centennial Parkway interchange. This M5-zoned property features three freestanding buildings totaling 76,706 SF with low site coverage and significant excess land, making it ideal for investors, owner-users, and developers. The property consists of multiple individual parcels, allowing for potential severance and resale to lower the cost basis. Building A offers 27,550 SF with 15’8″ clear height, 9 dock doors, and 2 drive-in bays. Building B offers 22,265 SF with 13’2″ clear height, 6 drive-in doors, and 2 dock doors. Building C offers 26,891 SF with 25’7″ clear height and 8 drive-in doors. With approximately 17% site coverage, there is ample room for expansion, including additional industrial buildings, truck terminals, logistics hubs, or outdoor storage. M5 zoning allows for a wide range of permitted uses, including logistics, warehousing, manufacturing, and truck parking. Nearly all tenants are on month-to-month leases, providing flexibility to offer the site almost entirely vacant or continue generating income. Multiple access points from Kenora Avenue and Nash Road North provide excellent connectivity to major transportation routes. Fully serviced with individual hydro and gas meter, a bulk water meter, gas-fired forced-air heater, and HVAC in office areas. A rare opportunity for an owner-user seeking functional industrial space with room to grow, an investor looking for a high-demand asset, or a developer aiming to maximize site coverage and long-term value.

Property Details
  • MLS ID: X12110169
  • Price: $29,950,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12110169
  • Year Built: N/A
  • Dir / Cross St: Nash Rd/Kenora Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
04/29/2025 X12110169 $29,950,000 For Sale - -
04/29/2025 X12110176 $29,950,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Nashdale
  • $2,202,796 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 41 Walk Score
    Car-Dependent
  • 49 Transit Score
    Some Transit
  • 44 Bike Score
    Somewhat Bikeable
Additional Details
  • Garage Type Outside/surface
  • Taxes: $181,936
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 29/04/2025 15:32:24
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