For Sale: 202-196 Upper Mount Albion Road, Hamilton, ON - REW
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$7,999,900
0 bd ba sf Land/Lot

202-196 Upper Mount Albion RoadHamilton, ON, L8J 1V4

Stoney Creek Mountain
  • 0 Bed
  • Bath
  • 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, 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.
Listed by: Cortez Ranieri, Salesperson, RE/MAX Aboutowne Realty Corp.

Home facts and features

Price details
List Price
Gross Taxes for 2025
$1
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
285 ft x 200 ft (1.31 acres)
Depth
200.0
Frontage
285.0
Community
Agent details
Primary Agent
Cortez Ranieri
Primary Broker
RE/MAX Aboutowne Realty Corp.
Listing details
Days on REW
1 Day
MLS® Number
X13718754
Source
Toronto Real Estate Board
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Purchase Price
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Amortization
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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