$6,900,000
For sale: Vacant Land

3.03 Acres of Future Residential Development Potential - A Rare Opportunity!!Secure a premium 3.03-acre parcel along Stoney Creek's rapidly developing Highway 8 corridor. Enjoy close proximity to everyday conveniences and schools, with quick, convenient access to the highway-just minutes to the QEW and GO Transit.Offering an impressive 336 ft. of frontage and approximately 565 ft. of depth, this well-proportioned property provides the scale and configuration developers seek for a future residential community or plan of subdivision.Currently carrying AS - Agricultural Specialty zoning, the property is designated R1 - Medium Density Residential, with net residential density of up to 60 Units per Hectare, subject to municipal planning and approvals. Potential residential forms include Single-detached, Semi-detached, Duplex, Triplex, Fourplex and street Townhouse dwellings.With the official zoning change anticipated for the second half of 2027, this is an opportunity to secure a substantial development parcel today and position for the growth of tomorrow.3.03 acres * Exceptional frontage * Strategic location * Future residential potential.Your next development opportunity starts at 1109 Highway 8 in Stoney Creek.
Sold data
Homes in Hamilton (Fruitland) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $685,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Fruitland) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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