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$8,399,900
Ontario,Hamilton (Stoney Creek Mountain)
For Sale Active
202-196 UPPER MOUNT ALBION ROAD, Hamilton (Stoney Creek Mountain), Ontario L8J1V4
  • 57,350 Sqft
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Basic Details
Description

Exceptional development opportunity in a high-traffic, high-demand commercial corridor, strategically positioned directly across from Cineplex and surrounded by established restaurants, cafés, and national retail. This prime parcel benefits from outstanding visibility, strong pedestrian activity, and a proven consumer base. The site currently features one commercial building and three residential dwellings, generating stable interim income to offset holding costs while development

approvals and planning are advanced. Existing zoning supports two compelling development scenarios. The first contemplates a nine-storey mixed-use condominium with approximately 232 residential units and ground-floor commercial space. The second allows for two six-storey purpose-built rental buildings totalling 99 units, also with retail at grade and well positioned to leverage CMHC-backed rental financing programs. Both concepts align with the area’s continued intensification, population growth, and sustained demand for mid-rise, transit-oriented residential living. With walkable amenities, strong demographics, and flexible mixed-use potential, this asset offers meaningful upside for developers and investors seeking either near-term execution or a strategic long-term hold in a thriving commercial node. Some photos are renderings. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12754072
  • Price: $8,399,900
  • Square Footage: 57,350 Sqft
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 283412
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: 285 x 200 FT
Financial
  • Tax Annual Amount: 1
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Listing updated: 2026-02-06 21:27:33
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Listing Information
  • List Agent Key: 2159464
  • List Office Key: 283412
  • Modification Timestamp: 2026-02-03T18:55:23Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-02-03T18:47:31Z
Powered by REALTOR.ca
Listing updated: 2026-02-06 21:27:34
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