$8,490,000
For SaleNew
202-196 Upper Mount Albion Road, Hamilton, ON, L8J 1V4
Listed January 30, 2026
0Bedrooms
0Bathrooms
57,226Sq. Ft.
About this property
A rare opportunity to acquire a development parcel in a high-demand commercial corridor directly across from Cineplex, popular restaurants, cafés, and major retail. The property includes one commercial building and three residential houses, providing reliable holding income while future development plans are advanced. The current zoning supports two strong development directions. One option allows for a nine-storey condominium concept with approximately 232 residential units and main-floor commercial space. The second supports two six-storey purpose-built rental buildings totalling 99 units, also with commercial space at grade and well aligned with CMHC-favourable rental programs. Both concepts reflect the area's ongoing growth and the strong demand for mid-rise residential living. The site offers excellent exposure, walkable amenities, and a strong demographic base. Existing income from the on-site structures helps offset carrying costs, making this a suitable opportunity for developers planning immediate progress or a strategic long-term hold. With flexible mid-rise potential and a location within an active commercial hub, this parcel presents significant upside and long-term value for a forward-thinking developer or investor.
Features
ViewAir ConditioningBasement
Property Details
Listing
MLS® NumberX12543904
StatusFor Sale
ListedJanuary 30, 2026
Listing TypeFor Sale
Listing OfficeRIGHT AT HOME REALTY
Property
Property TypeLand
Interior Size57,226 ft²
Location
CityHamilton
ProvinceON
Postal CodeL8J 1V4
Location
202-196 Upper Mount Albion Road, Hamilton, ON
Map data © OpenStreetMap contributors
Last Updated: January 30, 2026
Listing Office: RIGHT AT HOME REALTY
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