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$8,199,900
Ontario,Stoney Creek
For Sale Active
202-196 UPPER MOUNT ALBION Road, Stoney Creek, Ontario L8J1V4
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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: 40800434
  • Price: $8,199,900
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 294000
Features & Appliances
Features
  • Basement: None
  • Sewer: Sanitary sewer
  • Utilities: Natural Gas
Address Map
  • Location: CA, Ontario, Stoney Creek, 501 - Valley Park, L8J1V4
  • Street: UPPER MOUNT ALBION
  • Street Number: 202
  • Street Suffix: Road
  • Longitude: W80° 11' 26.5''
  • Latitude: N43° 11' 41.2''
Additional Information
  • Water Source:
  • Community Features:
  • Lot Size Dimensions: 1.317
Financial
  • Tax Annual Amount: 1
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Listing updated: 2026-06-16 05:04:15
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Listing Information
  • List Agent Key: 1976664
  • List Office Key: 294000
  • Modification Timestamp: 2026-06-15T20:20:01Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-06-15T20:14:49Z
Powered by REALTOR.ca
Listing updated: 2026-06-16 05:04:15
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