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

  • $8,399,900
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4
Active
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4
  • $8,399,900

Overview

Property ID: HZX12754072
  • Land, Commercial Sale
  • Property Type
  • 57350.06
  • Sqft

Description

Exceptional development opportunity in a high-traffic, high-demand commercial corridor, strategically positioned directly across from Cineplex and surrounded by established restaurants, cafés, 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.

  • Address 202-196 Upper Mount Albion Road
  • City Hamilton
  • State/county ON
  • Zip/Postal Code L8J 1V4
  • Country CA

Details

Updated on February 3, 2026 at 5:56 pm
  • Property ID: HZX12754072
  • Price: $8,399,900
  • Property Size: 57350.06 Sqft
  • Garage Size: x x
  • Property Type: Land, Commercial Sale
  • Property Status: Active
  • MLS#: X12754072

Additional details

  • Utilities: Yes
  • Sewer: Sanitary
  • County: Hamilton
  • Property Type: Commercial Sale

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