Lakeview for 478 & 490 First Rd, Stoney Creek Ontario L8J 1X5
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Floor plan for 478 & 490 First Rd, Stoney Creek Ontario L8J 1X5
188 Days on Market

478 & 490 First Rd, Stoney Creek, Ontario L8J 1X5

$1
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Highlights

Estimated Value$1,817,000*

Price/Sqft-

Days On Market188 days

Est. Mortgage$0/mth

Tax Amount (2023)$1,550/yr

*Last updated on: 24/05/27

Description

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 townhouses) 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.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size935,726 SqFt(1315.59 x 711.26)
Parking Spaces-
MLS ®Number40515073
Community NameNash South
Board NameITSO

Features

Lot size: 935,726 SqFt
Sewer (Municipal)

Property History

Now
Listed for$1
188 days on market
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Property listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP, Brokerage

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