202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4
$8,399,900
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4, Hamilton, ON
57350.06 sqft
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.
Property Highlights
For Sale
MLS NO.
X12754072
Type
Commercial
Sub Type
Land
Square Footage
57350.06 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12754072
Lot Width
285.0
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4
City
Hamilton
Neighbourhood
Stoney Creek Mountain
County / Region
Hamilton
Province / State
ON
Postal Code
L8J 1V4
Cross Street
Artfrank St & Upper Mt Albion Rd
Directions
Artfrank St & Upper Mt Albion Rd
Country
CA
List Price
$8,399,900
Annual Taxes
$1
Tax Year
2025
Legal Description
PT LT 32, CON 7 SALTFLEET , AS IN CD357996 ; STONEY CREEK CITY OF HAMILTON
Possession Type
Flexible
Possession Details
TBA
Listing Office
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-03T17:56:28Z
Media Updated
2026-02-03T17:56:28Z
Photos Updated
2026-02-03T17:56:28Z
Last Modified
2026-02-03T17:56:28Z
System Modified
2026-02-03T17:56:29.080732Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-07-03
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
170940008
Public Remarks
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.
