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.
Address
505 Kenora Avenue
List Price
$29,950,000
Property Type
Commercial
Type of Dwelling
Industrial
Area
Hamilton
Sub-Area
Nashdale
County
Hamilton
Lot Type
Lot
Lot Irregularities
10.10 Acres
Lot Size Units
Acres
Lot Width
10.1
MLS® Number
X12110176
Listing Brokerage
COLLIERS
Postal Code
L8E 3P2
Tax Amount
$181,935.00
Tax Year
2025
Heat Type
Gas Forced Air Open
Cooling Features
Partial
Garage Type
Outside/Surface
Security Features
No
Sewer
Sanitary+Storm