56 Highland Road, Hamilton, ON
L8J 0M7
Listed August 7, 2026
About this property
Conditionally SITE PLAN APPROVED for a 43-unit medium-density residential development consisting of 25 two-storey townhomes and 18 three-storey maisonettes in Upper Stoney Creek. This 2.59-acre vacant parcel is Zoned RM3-68 (H) - Multiple Residential Holding, the property is strategically located just west of Upper Centennial Parkway with planned dual access from Highland Road West and Picardy Drive. Surrounded by established neighbourhoods and numerous active residential developments, the site offers convenient access to major highways, transit, shopping, schools, parks, and everyday amenities. An outstanding opportunity for builders and developers to acquire a well-positioned residential development site in one of Hamilton's fastest-growing communities.
Property Details
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Property
Parking & Land
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 56 Highland Road — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$1,599,998 · Minimum $1,599,998
Use the rate your lender or broker quotes you.
Monthly costs
Estimated at about 0.8% of the price — the listing doesn't show the tax.
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One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$40,720/mo
About $488,640 a year
- $35,387
- $5,333
Cash needed to close
- Down payment (20%)
- $1,599,998
- Ontario land transfer tax
- $186,475
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $1,788,973
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
56 Highland Road, Hamilton, ON
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Last Updated: August 7, 2026
Listing Office: RE/MAX ESCARPMENT REALTY INC.
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