202 UPPER MOUNT ALBION Road
Stoney Creek, Ontario
Vacant Land
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.
Price History
Property
- Lot Size
- 1.32 acres
Schools
Elementary
- Janet Lee Public School0.4 km
Public · Hamilton-Wentworth DSB · 480 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 49% met the provincial standard
- St. Paul Catholic Elementary School1.2 km
Catholic · Hamilton-Wentworth CDSB · 445 students
Grade 3 reading: 95% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Billy Green Elementary School1.4 km
Public · Hamilton-Wentworth DSB · 380 students
Grade 3 reading: 63% met the provincial standard · Grade 6 math: 58% met the provincial standard
Secondary
- Bishop Ryan Catholic Secondary School1.6 km
Catholic · Hamilton-Wentworth CDSB · 2115 students
Grade 10 literacy: 85% met the provincial standard
- ÉSAC Mère-Teresa2.6 km
French Catholic · CS catholique MonAvenir · 300 students
Grade 10 literacy: 90% met the provincial standard
- Saltfleet High School2.8 km
Public · Hamilton-Wentworth DSB · 1280 students
Grade 10 literacy: 83% 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 L8J
- Population
- 29,146
- Private dwellings
- 9,465
- Median age
- 36.8
- Average household size
- 3.1
- Median household income
- $114,000
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 Stoney Creek · 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 Stoney Creek over the last 12 months.
Location
Street View
Mortgage Calculator
$1,639,980
Estimated Monthly Payment
$40,284
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $40,284/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $2,050/mo
Estimates only. Consult a financial advisor.
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