50 Creighton Road, Hamilton, ON L9H 3B6, Hamilton, ON, L9H 3B6
MLS: X12456040 | Vacant Land
$5,995,000
Property Description
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.
Quick Facts
- Property Type: Vacant Land
- Bedrooms: 0
- Bathrooms: 0
- Lot Size: 2.3980 acres (0.97 ha)
Costs
- Annual Taxes: $22,218.00 (2024)
Listing Provided by: ROYAL LEPAGE STATE REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Lot & Land
- Lot Size: 2.3980 acres (0.97 ha)
- Zoning: RM2-FP, OS
Community & Neighbourhood
- Neighbourhood: Dundas
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
Per TRREB / PropTx Virtual Office Website (VOW) terms, this data is available to logged-in users who have accepted the VOW Terms of Use.
Sign In or RegisterLocation & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
848 CLEARWATER LAKE ROAD N/A, Huntsville, ON P0B 1L0, Huntsville
Sale Of Business$5,995,000
$37,529/yr taxListing Courtesy of Chestnut Park Real Estate
0 BIRCH GLEN Road, Lake of Bays, ON P0B 1A0, Lake of Bays
Vacant Land$5,995,000
$873/yr taxListing Courtesy of Chestnut Park Real Estate
50 CREIGHTON Road, Dundas
Vacant Land$5,995,000
$22,218/yr taxListing Courtesy of Royal LePage State Realty Inc.
27 Old Yonge Street, Toronto C12, ON M2P 1P6, Toronto C12
Detached$5,995,000
$32,554/yr taxListing Courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.
60 Parr Place, Vaughan, ON L4J 8L1, Vaughan
Detached$5,995,000
$22,325/yr taxListing Courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.
124 Claren Crescent, Huntsville, ON P1H 2J2, Huntsville
Detached$5,995,000
$13,997/yr taxListing Courtesy of Cayman Marshall International Realty Inc.
0 Emily Street, St. Marys, ON N4X 1C4, St. Marys
Vacant Land$5,995,000
$438/yr taxListing Courtesy of RE/MAX a-b Realty Ltd Brokerage
2650 King Road, King, ON L7B 1L6, King
Land$5,995,000
Listing Courtesy of LENNARD COMMERCIAL REALTY
16365 Bathurst Street, Newmarket, ON L3X 1Z8, Newmarket
Detached$5,995,000
$16,478/yr taxListing Courtesy of ROYAL LEPAGE RCR REALTY
19 Vesta Drive, Toronto C03, ON M5P 2Z4, Toronto C03
Detached$5,995,000
$24,985/yr taxListing Courtesy of FOREST HILL REAL ESTATE INC.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
0 BIRCH GLEN Road, Lake of Bays, ON P0B 1A0, Lake of Bays
Vacant Land$5,995,000
$873/yr taxListing Courtesy of Chestnut Park Real Estate
0 Emily Street, St. Marys, ON N4X 1C4, St. Marys
Vacant Land$5,995,000
$438/yr taxListing Courtesy of RE/MAX a-b Realty Ltd Brokerage
793958 Grey Road 124 N/A, Grey Highlands, ON N0C 1M0, Grey Highlands
Vacant Land$5,995,000
$9,843/yr taxListing Courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA
50 CREIGHTON Road, Dundas
Vacant Land$5,995,000
$22,218/yr taxListing Courtesy of Royal LePage State Realty Inc.
945 Brawley Road W, Whitby, ON L1M 1M7, Whitby
Vacant Land$5,999,999
$5,228/yr taxListing Courtesy of LENNARD COMMERCIAL REALTY
19 Grey Road Lt14Pt2, Blue Mountains, ON L9Y 0N5, Blue Mountains
Vacant Land$5,990,000
$13,799/yr taxListing Courtesy of MASTER`S TRUST REALTY INC.
401 RAGLAN STREET, Collingwood
Vacant Land$6,000,000
Listing Courtesy of Engel & Volkers Toronto Central
390 Highland Road W, Hamilton, ON L8J 0J5, Hamilton
Vacant Land$6,100,000
Listing Courtesy of STONECASTLE REALTY GROUP INC.
421 Bloor Street, Oshawa, ON L1H 3M9, Oshawa
Vacant Land$5,850,000
$5,107/yr taxListing Courtesy of RE/MAX ROUGE RIVER REALTY LTD.
14 Line Line, Innisfil, ON L0L 1L0, Innisfil
Vacant Land$5,800,000
$3,188/yr taxListing Courtesy of REMAX YOUR COMMUNITY REALTY
Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
No rental comparables found in this area.
Sold comparables require subject coordinates and a sale-context listing.
Rented comparables require subject coordinates.
Book a Viewing
50 Creighton Road, Hamilton, ON L9H 3B6, Hamilton, ON, L9H 3B6