$6,995,000
51.53 BTC
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50 Creighton Road, Hamilton
$6,995,000
PRICE
0
BEDROOMS
0
BATHROOMS
X12125644
MLSID

50 Creighton Road, Hamilton

PRIME DEVELOPMENT OPPORTUNITY: This 2.39-acre waterfront property on Spencer Creek in downtown Dundas is currently being rezoned (Medium Density Multiple DwellingRM3 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 Hamiltons Urban Official Plan and Design Guidelines. It notably advances the core objectives of intensification while considering the form and functional characteristics of the area.
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Summary

Address
50 Creighton Road
Community
MLSID
X12125644
Property Type
Vacant Land
Property Category
Taxes (Annual)
$22,218.00
Tax Year
2024
Published
May 5, 2025
Days on Market
48 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

10 fridges, 10 stoves.

Exclusions

Tenant belongings.

Details

Lot Width
315 Feet
Lot Depth
388 Feet
Water
Municipal
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE STATE REALTY
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