For Sale - 202-196 Upper Mount Albion Road, Hamilton, Ontario

Est payment $40,768/mo
Views   1
Time on Jump  139 day
  • Development parcel in a high-demand commercial area across from a Cineplex.
  • Includes one commercial building and three residential houses for holding income.
  • Zoned for two strong development options: condos or purpose-built rentals.
  • Excellent site exposure with walkable amenities and strong local demographics.
  • Existing income helps offset costs, ideal for immediate or long-term plans.



A rare opportunity to acquire a development parcel in a high-demand commercial corridor directly across from cineplex, popular restaurants, cafés, and major retail. The property includes one commercial building and three residential houses, providing reliable holding income while future development plans are advanced. The current zoning supports two strong development directions. One option allows for a nine-storey condominium concept with approximately 232 residential units and main-floor commercial space. The second supports two six-storey purpose-built rental buildings totalling 99 units, also with commercial space at grade and well aligned with cmhc-favourable rental programs. Both concepts reflect the area's ongoing growth and the strong demand for mid-rise residential living. The site offers excellent exposure, walkable amenities, and a strong demographic base. Existing income from the on-site structures helps offset carrying costs, making this a suitable opportunity for developers planning immediate progress or a strategic long-term hold. With flexible mid-rise potential and a location within an active commercial hub, this parcel presents significant upside and long-term value for a forward-thinking developer or investor.
Listing IDX12543904
Address202-196 Upper Mount Albion Road
CityHamilton, Ontario
Price$8,490,000
StyleLand
Land Size0.28
TypeVacant Land
StatusFor Sale
Subtype LandSewer Sanitary
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Listing Agency:  RIGHT AT HOME REALTY

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202-196 Upper Mount Albion Road
Hamilton , Ontario
$8,490,000
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