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Investment signal

$4,800,000

338 BISHOPSGATE Road

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Burford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This shovel-ready 8-acre industrial parcel offers exceptional flexibility, making it ideal for a wide range of uses. Located in the heart of Brant County, the property presents a rare opportunity to acquire prime, versatile land in close proximity to the coming new 403 Interchange on Bishopsgate. The Bishopsgate Employment Area has been rapidly developing, and this parcel represents one of the last blocks available. Private services are permitted so no need to wait on Municipal Infrastructure or pay high utility fees. You control the timeline. With enhanced open storage allowances permitting up to 41% site coverage, this property allows you to fully maximize its potential. An outstanding investment opportunity! (id:65958)

Subtype
Vacant Land
Community
2115 - Burford
Common interest
Freehold
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$19,404
Zoning
M2-34
Photos
10
MLS#
40823010
Area
BURFORD

Features and systems

Basement

None

Lot

Country residential
Negative cash flow ~$4,937/mo at these assumptions

Cash on cash

-6.17%

Cap rate

3.63%

GRM

16.7

Break-even rent

$29,197

Financing

Down payment$960,000
Loan amount$3,840,000
Mortgage$19,457/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,200
Insurance$80
Maintenance$4,000
CapEx reserve$2,000
Vacancy loss$1,200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $19,457/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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