For Sale: 202-196 Upper Mount Albion Road, Hamilton, ON - REW
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$8,199,900
0 bd • ba • 57350 sf • Land/Lot
202-196 Upper Mount Albion Road
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$8,199,900
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202-196 Upper Mount Albion RoadHamilton, ON, L8J 1V4

Stoney Creek Mountain
  • 0 Bed
  • Bath
  • 57350 Sqft
  • Land/Lot

About this home

Exceptional development opportunity in a high-traffic, high-demand commercial corridor, strategically positioned directly across from Cineplex and surrounded by established restaurants, cafés, 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. (id:63626)
Listed by: CORTEZ RANIERI, Salesperson, Royal LePage Real Estate Services Ltd., Brokerage

Home facts and features

Price details
List Price
$8,199,900
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Gross Taxes for 2026
$1
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Depth
200 feet
Frontage
285.0 feet
Community
Agent details
Primary Agent
CORTEZ RANIERI
Primary Broker
Royal LePage Real Estate Services Ltd., Brokerage
Listing details
Days on REW
123 Days
Property Views
27
MLS® Number
X12754072
Source
Canadian Real Estate Association
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25 Years
Interest Rate
3.99%

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Property Insights

Janet Lee Public School
  • Public
  • JK - 8
Islamic School of Hamilton
  • Private
  • Pre-K - 8
St. Paul Catholic Elementary School
  • Catholic
  • JK - 8
Billy Green Elementary School
  • Public
  • JK - 8
Bishop Ryan Catholic Secondary School
  • Catholic
  • 9 - 12
Mount Albion Public School
  • Public
  • JK - 8
St. James the Apostle Catholic Elementary School
  • Catholic
  • JK - 8
Gatestone Elementary Public School
  • Public
  • JK - 8
Lisgar Junior Public School
  • Public
  • JK - 8
St. Anthony Daniel Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
CORTEZ RANIERI
Phone:
(289) 795-5773
Cell:
(289) 795-5773
Office:
905-845-4267
Fax:
905-845-2052
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