For saleMLS® X13718754

202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4

Stoney Creek Mountain, Hamilton · Near Artfrank St & Upper Mt Albion Rd · View map

$7,999,900
57350.06Sq ft
LandType
NoneParking
$1/yrTaxes
$7,999,900
FreeholdNo monthly condo fee
Lot 285 x 200 ftThe land comes with the home

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.

The home

Type
Land
Square footage
57350.06 sq ft
Lot size
285 x 200 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$1/yr
Tax year
2025
Occupancy
Vacant
Possession
TBD
Cross street
Artfrank St & Upper Mt Albion Rd
Neighbourhood
Stoney Creek Mountain

More

MLS® number
X13718754

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$32,269per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4

    Stoney Creek Mountain, Hamilton · Near Artfrank St & Upper Mt Albion Rd

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    Sold history

    Listing history for 202-196 Upper Mount Albion Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 202-196 Upper Mount Albion Road

    Answers come straight from this home’s MLS® listing.

    How much is 202-196 Upper Mount Albion Road listed for, and what would it cost each month?

    202-196 Upper Mount Albion Road is listed for $7,999,900. With 20% down ($1,599,980), the mortgage payment would be roughly $32,269 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $32,269 a month, all in. That figure is an illustration, not a quote.

    Is 202-196 Upper Mount Albion Road freehold or a condo, and is there a monthly fee?

    202-196 Upper Mount Albion Road is a land in Stoney Creek Mountain, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 202-196 Upper Mount Albion Road have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 202-196 Upper Mount Albion Road?

    202-196 Upper Mount Albion Road is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 202-196 Upper Mount Albion Road, and what is the lot size?

    The lot is listed as 285 x 200 ft.

    What are the property taxes for 202-196 Upper Mount Albion Road?

    Property taxes are $1 a year (2025), or about $0 a month.

    Where is 202-196 Upper Mount Albion Road?

    202-196 Upper Mount Albion Road is in the Stoney Creek Mountain community of Hamilton. The nearest main intersection is Artfrank St & Upper Mt Albion Rd. The postal code is L8J 1V4.

    Is 202-196 Upper Mount Albion Road still for sale?

    Yes. It is an active listing (MLS® X13718754). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 202-196 Upper Mount Albion Road asking?

    Similar properties for sale nearby right now include 390 Highland Road W at $6,100,000, 663 Woodward Avenue at $7,900,000 and 1336 Sandhill Drive at $7,100,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 202-196 Upper Mount Albion Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 202-196 Upper Mount Albion Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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