478 & 490 First Rd, Stoney Creek, Ontario L8J 1X5
Contact us about this property
Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$601,000*
Price/Sqft-
Days On Market249 days
Est. Mortgage$0/mth
Tax Amount (2023)$1,550/yr
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
Exterior
Features
Property History
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40515073_1-256.webp)
Get up to 1% cashback when you buy your dream home with Wahi Cashback
![Cashback Banner Image](/ca/en/real-estate/_next/static/media/cashbackBanner.63d25e35.png?w=384&q=75)
A new way to buy a home that puts cash back in your pocket.
- Our in-house Realtors do more deals and bring that negotiating power into your corner
- We leverage technology to get you more insights, move faster and simplify the process
- Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home