$7,999,990
For sale: Vacant Land

Conditionally SITE PLAN APPROVED for a 43-unit medium-density residential development consisting of 25 two-storey townhomes and 18 three-storey maisonettes in Upper Stoney Creek. This 2.59-acre vacant parcel is Zoned RM3-68 (H) - Multiple Residential Holding, the property is strategically located just west of Upper Centennial Parkway with planned dual access from Highland Road West and Picardy Drive. Surrounded by established neighbourhoods and numerous active residential developments, the site offers convenient access to major highways, transit, shopping, schools, parks, and everyday amenities. An outstanding opportunity for builders and developers to acquire a well-positioned residential development site in one of Hamilton's fastest-growing communities.
Sold data
Homes in Hamilton (Stoney Creek) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 (Stoney Creek) 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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