$8,199,900
FOR SALE

Land

Lot: 285 x 200 ft
2025 Taxes: $1

202-196 Upper Mount Albion Rd
Hamilton, ON L8J 1V4 | Stoney Creek Mountain

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.
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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12754072
Last Updated May 04, 2026
Property Summary
Property Type Land

More like this:
PIN 170940008
Legal Description PT LT 32, CON 7 SALTFLEET , AS IN CD357996 ; STONEY CREEK CITY OF HAMILTON
Possession Date TBA
Taxes (2025) $1
Directions/Cross Streets Artfrank St & Upper Mt Albion Rd
Neighbourhood Stoney Creek Mountain
Area Hamilton
Price History

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Detailed Information
Lot 285 x 200 ft
Sewers Sanitary

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