About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X12543904
Status	Active
Listing Type	For Sale
Property Type	Land
Interior Size	57,226 sq ft
Beds / Baths	0 bed · 0 bath
City	Hamilton
Postal Code	L8J 1V4
Province	ON
Listed Date	January 30, 2026
Days on Market	189
Price per Sq Ft	$148
Brokerage	RIGHT AT HOME REALTY