202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4
Hamilton, ON L8J 1V4
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, cafes, 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 facts & features
- Property type
- Land
- MLS® number
- X13718754
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 57350.06
- Neighbourhood
- Not provided
- Postal code
- L8J 1V4
- Lot depth (source units)
- 200
- Annual property tax
- 1
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $7,999,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Hamilton →Listing brokerage: RE/MAX ABOUTOWNE REALTY CORP.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13718754. Information deemed reliable but not guaranteed.