Have you received a property aquisition letter?
"As part of the Hamilton LRT project Metrolinx is acquiring a number of properties to accommodate required widening of the right of way for LRT along Main Street, King Street and Queenston Road. The project requires approximately 90 full property acquisitions and 300 partial property acquisitions."
By now you may have received a letter from Metrolink regarding the status of your property in relation to the Hamilton LRT Project (Light Rail Transit).
The developer and Metrolink are working in conjunction with the City of Hamilton to ensure the project moves forward.
If you have received a letter from any of these parties, the project may be requiring all or a portion of your property to be sold to Metrolink in order to complete the project.
They will be advising you of what portion of your property they require and will be providing a purchase offer.
WE CAN MAXIMIZE THE PURCHASE PRICE FOR YOU!
The Opus Team has years of experience working with municipalities and developers in all matters of expropriation. We have successfully negotiated above market value prices for people in similar situations.
There is no cost to you.
How it works:
|Opus Team negotiated offer:||$40,000|
|Opus 25% Commission:||$6,250|
|Total Amount For You:||$33,750|
|Cash Above the Offer:||$8,750|
This offer is NO COST TO YOU.
We only get paid for getting you more money!
Call us today to find out how we can help you maximize your return during this difficult situation.
What are the property impacts as part of this project?
As part of the Hamilton LRT project Metrolinx is acquiring a number of properties to accommodate required widening of the right of way for LRT along Main Street, King Street and Queenston Road. The project requires approximately 90 full property acquisitions and 300 partial property acquisitions.
The Hamilton LRT corridor engagement strategy includes direct outreach to any affected residential tenants once a property has been acquired by Metrolinx. In these cases Metrolinx works one-on-one with each and every unit to facilitate transition into new housing, employing customized transition support. A tenant support team works diligently to find, view and secure new housing based on a tenant’s specific accommodation requirements, and ensures they feel engaged and supported throughout the process.
How do I know if my property is affected?
Property acquisitions for the Hamilton LRT project are the responsibility of Metrolinx. Any impacted property owners along the LRT corridor would be contacted by Metrolinx should their property be identified for future requirement.
If you have further questions, you may contact the Hamilton LRT Office via HamiltonLRT@metrolinx.com or (905) 521-1003.
Has Metrolinx expropriated any properties?
No, Metrolinx has not commenced expropriation on any property required for the LRT project. Metrolinx’s preference is to acquire properties through negotiations on a willing buyer, willing seller basis. Metrolinx would initiate the expropriation process only when a negotiated agreement is not possible. Expropriations may sometimes occur while continuing to negotiate with a property owner in order to provide schedule certainty.
It is important to note that in cases where acquisition or expropriations are required, compensation is paid to property owners based on fair market value.
Can expropriation proceedings drag on and delay the project?
Metrolinx may start the expropriation process while negotiations are underway. This parallel approach is used to ensure that all necessary lands are available to start construction on schedule.
Or email us with your property details:
Office: (905) 664-5000
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