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478&490 FIRST ROAD W
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478&490 FIRST ROAD W $1
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478&490 FIRST ROAD W
Hamilton (Stoney Creek), Ontario L8J1X5

MLS® Number: X7314438

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.\n\nInside an approved Secondary Plan, the property is under a planning review / draft plan submission for +/- 195 units (single detached and townhouse) 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.\n \nAdditional PIN:170972892\nAdditional ARN:251800351082200 **** EXTRAS **** Legal desc: PT LT 26, CON 5 SALTFLEET , AS IN VM211178;SAVE & EXCEPT P 3 ON RE PLAN 62R-20281;STONEY CREEK CITY OF HAMILTON & PT LT 26, CON 5 SALTFLEET ,AS IN CD198611;SAVE & EXCEPT P 2 ON REF PLAN 62R-20281; STONEY CREEK CITY OF HAMILTON (33615494)

Location Description

Green Mountain Rd & First Rd W

Property Summary

Property Type
Vacant Land
Community Name
Stoney Creek
Land Size
711.26 x 1315.6 FT
Annual Property Taxes
$1,550.38
Time on REALTOR.ca
360 days

Building

Utilities
Water
Municipal water
Business
Business Type
Residential (Residential)

Measurements

Square Footage
22 ac

Land

Lot Features
Frontage
711 ft ,3 in
Land Depth
1315 ft ,7 in
Other Property Information
Zoning Description
ND (Neighbourhood Development)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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