202-196 Upper Mount Albion Road Hamilton (Stoney Creek Mountain), Ontario L8J 1V4
$8,490,000
A rare opportunity to acquire a development parcel in a high-demand commercial corridor directly across from Cineplex, popular restaurants, cafés, and major retail. The property includes one commercial building and three residential houses, providing reliable holding income while future development plans are advanced. The current zoning supports two strong development directions. One option allows for a nine-storey condominium concept with approximately 232 residential units and main-floor commercial space. The second supports two six-storey purpose-built rental buildings totalling 99 units, also with commercial space at grade and well aligned with CMHC-favourable rental programs. Both concepts reflect the area's ongoing growth and the strong demand for mid-rise residential living. The site offers excellent exposure, walkable amenities, and a strong demographic base. Existing income from the on-site structures helps offset carrying costs, making this a suitable opportunity for developers planning immediate progress or a strategic long-term hold. With flexible mid-rise potential and a location within an active commercial hub, this parcel presents significant upside and long-term value for a forward-thinking developer or investor. (id:43681)
房源概要
| MLS® Number | X12543904 |
| 房源类型 | Vacant Land |
| 社区名字 | Stoney Creek Mountain |
详 情
| 内部尺寸 | 57226 Sqft |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 污水道 | Sanitary Sewer |
| 土地深度 | 200 Ft |
| 土地宽度 | 286 Ft ,1 In |
| 不规则大小 | 286.13 X 200 Ft |
| 规划描述 | C5 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Toronto Real Estate Board
Right At Home Realty
November 14 2025 06:23:16
