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$8,490,000
Ontario,Hamilton (Stoney Creek Mountain)
For Sale Active
202-196 UPPER MOUNT ALBION ROAD, Hamilton (Stoney Creek Mountain), Ontario L8J1V4
  • 57,226 Sqft
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12543904
  • Price: $8,490,000
  • Square Footage: 57,226 Sqft
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 90198
Features & Appliances
Features
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Hamilton (Stoney Creek Mountain), L8J1V4
  • Street: Upper Mount Albion
  • Street Number: 202-196
  • Street Suffix: Road
  • Longitude: W80° 11' 20.6''
  • Latitude: N43° 11' 27.3''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 286.13 x 200 FT
Financial
  • Tax Annual Amount: 1
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Listing updated: 2025-11-18 09:51:09
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Listing Information
  • List Agent Key: 2007607
  • List Office Key: 90198
  • Modification Timestamp: 2025-11-14T06:31:19Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-11-14T06:23:16Z
Powered by REALTOR.ca
Listing updated: 2025-11-18 09:51:10

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