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Home ON Greater Hamilton Hamilton Stoney Creek Nash South
478 & 490 FIRST Road W
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478 & 490 FIRST Road W $1
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478 & 490 FIRST Road W
Stoney Creek, Ontario L8J1X5

MLS® Number: 40515073

Listing 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. (66815557)

Location Description

Highway 403 to Lincoln Alexander Parkway to Mud Street to First Road West

Property Summary

Property Type
Vacant Land
Subdivision Name
500 - Heritage Green
Title
Freehold
Land Size
21.5 ac|10 - 24.99 acres
Annual Property Taxes
$1,550.38
Time on REALTOR.ca
222 days

Building

Interior Features
Basement Type
None
Building Features
Total Units
0
Utilities
Utility Type
Natural Gas (Available), Telephone (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

Lot Features
Frontage
711 ft
Land Depth
1316 ft
Other Property Information
Access
Highway access
Zoning Description
ND (Neighbourhood Development)
Data provided by: Waterloo Region Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
226-366-9090
866-541-9755
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