478&490 First Road West, Hamilton | Image 1

478&490 First Road West

Hamilton, Stoney Creek

  • Commercial

$X
For Sale

Added 11 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: ND (Neighbourhoo

  • Age: No Data

  • Taxes: 1550.38

  • MLS®#: X7314438

  • Days on Site: 178 Days

  • Added: Nov 21, 2023 (11 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

The Province of Ontario is reversing its November 2022 decision to expand Hamilton's urban boundary and is removing +/- 2,200 Hectares (5,434 Acres) of land supply for future housing stock. This unprecedented turn of events truly makes this a rare opportunity to acquire a land parcel of meaningful scale for near-term, residential, low-medium density development. Inside an approved Secondary Plan, the property is under a planning review / draft plan submission for +/- 195 units (single detached and townhouse) on 21.50 acres of Developable Land Area. The existing draft plan application can be approved in 12-months more or less for a builder seeking a reduced development timeline and a faster ROI. Or, the parcel is ready to be reimagined with higher density in line with the City's vision to not expand its urban boundary and build-up instead of build-out. Additional PIN:170972892 Additional ARN:251800351082200

Extras

Legal desc: PT LT 26, CON 5 SALTFLEET , AS IN VM211178;SAVE & EXCEPT P 3 ON RE PLAN 62R-20281;STONEY CREEK CITY OF HAMILTON & PT LT 26, CON 5 SALTFLEET ,AS IN CD198611;SAVE & EXCEPT P 2 ON REF PLAN 62R-20281; STONEY CREEK CITY OF HAMILTON

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Hamilton

  • Community: Stoney Creek

  • Availability Date: Flexible

Utilities

  • Utilities: Available

Building

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 26, CON 5 SALTFLEET , AS IN VM211178 ; SAVE

  • Taxes: $1,550

  • Taxes Type: Annual

Land

  • Cross Street: Green Mountain Rd &

  • Municipality District: Hamilton

  • Sewer: San+Storm Avail

  • Lot Depth: 1315.6 Feet

  • Lot Frontage: 711.26 Feet

  • Zoning: ND (Neighbourhoo

Commercial Specific

  • Sprinklers: N

  • Total Area: 21.5

  • Total Area Metric: Acres

  • Lot Code: Lot

Map of 478&490 First Road West, Hamilton
JK-8

R L Hyslop Elementary School

Elementary: Public
2.13 km
JK-8

St. James the Apostle Catholic Elementary School

Elementary: Catholic
1.19 km
JK-8

Mount Albion Public School

Elementary: Public
1.76 km
JK-8

St. Paul Catholic Elementary School

Elementary: Catholic
1.67 km
JK-8

Billy Green Elementary School

Elementary: Public
1.56 km
JK-8

Sir Wilfrid Laurier Public School

Elementary: Public
2.13 km
9-12

ÉSAC Mère-Teresa

Secondary: Catholic
4.44 km
Pre-Grade 9-12

Glendale Secondary School

Secondary: Public
2.74 km
Pre-Grade 9-12

Sir Winston Churchill Secondary School

Secondary: Public
4.38 km
9-12

Saltfleet High School

Secondary: Public
1.95 km
9-12

Cardinal Newman Catholic Secondary School

Secondary: Catholic
3.40 km
9-12

Bishop Ryan Catholic Secondary School

Secondary: Catholic
3.90 km