50 CREIGHTON Road
Dundas, Ontario
- Vacant Land
PRIME DEVELOPMENT OPPORTUNITY: This 2.39-acre waterfront property on Spencer Creek in downtown Dundas is currently being rezoned (‘Medium Density Multiple Dwelling–RM3 Modified’) for an 8-storey, 120-unit condominium development. The zoning will also allow for a retirement facility and there is still a massive upside potential with a maximum build allowance up to 12 storeys and 170 units. A full application has been submitted including the following studies: Hydrogeological; Geotechnical; Functional Servicing & Stormwater Management; Noise Impact; Sun/Shadow; Wind; Parking Analysis & Transportation Management. This luxury apartment style building will comprise of one, two, and three-bedroom configurations. The building is designed with recessed balconies enhancing its visual appeal. To accommodate residents, the development includes a total of 144 parking spaces in an underground garage along with 120 storage lockers and dedicated bicycle parking. However, a revised zoning by-law will allow for a reduction to a total of 78 spaces significantly reducing the underground requirements. A rooftop amenity space is also included in the plan. Access to the site is from the west side of Creighton Road, ensuring efficient circulation for both residents and visitors. The site is currently occupied by a single-storey building containing 10 rental units with plenty of interim opportunity. Located directly in front of Spencer Creek Trail connecting to the entire Dundas Valley Conservation with easy access to Webster Falls and the Dundas Valley Golf and Curling Club. This site is conveniently located on a bus route and just steps to the historic downtown Dundas with a vibrant mix of restaurants, shopping and amenities. This development represents a strategic use of land in alignment with the City of Hamilton’s Urban Official Plan and Design Guidelines. It notably advances the core objectives of intensification while considering the form and functional characteristics of the area.
Price History
Property
- Lot Size
- 2.39 acres
Schools
Elementary
- Dundas Central Public School0.8 km
Public · Hamilton-Wentworth DSB · 355 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 39% met the provincial standard
- St. Bernadette Catholic Elementary School0.9 km
Catholic · Hamilton-Wentworth CDSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 53% met the provincial standard
- St. Augustine Catholic Elementary School1 km
Catholic · Hamilton-Wentworth CDSB · 215 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 42% met the provincial standard
Secondary
- Dundas Valley Secondary School1.2 km
Public · Hamilton-Wentworth DSB · 810 students
Grade 10 literacy: 86% met the provincial standard
- St. Mary Catholic Secondary School3.3 km
Catholic · Hamilton-Wentworth CDSB · 935 students
Grade 10 literacy: 86% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L9H
- Population
- 31,221
- Private dwellings
- 12,828
- Median age
- 49.6
- Average household size
- 2.4
- Median household income
- $106,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Vacant Land in Dundas · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of vacant land properties in Dundas over the last 12 months.
Walk Score
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Scores by Walk Score®
Location
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Mortgage Calculator
$1,199,000
Estimated Monthly Payment
$29,452
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $29,452/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $1,499/mo
Estimates only. Consult a financial advisor.
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