About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12754072
Status	Active
Listing Type	For Sale
Property Type	Land
Interior Size	57,350 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Stoney Creek Mountain
City	Hamilton
Postal Code	L8J 1V4
Province	ON
Listed Date	March 3, 2026
Days on Market	157
Price per Sq Ft	$143
Brokerage	RE/MAX ABOUTOWNE REALTY CORP.