$4,799,990
Est. payment $21,253/moCalculate yours
256 First Road W, Hamilton, ON L8J 1K9
Stoney Creek, Hamilton, ON L8J 1K9
Listing courtesy of RE/MAX ESCARPMENT REALTY INC. MLS® X13652576
About this home
Conditionally SITE PLAN APPROVED for a 25-unit townhouse development situated on a 1.47-acre site in Upper Stoney Creek. This rarely offered development site presents an outstanding opportunity for builders and investors. The property is zoned RM3-70-H (Multiple Residential). With frontage on both First Road West and Mud Street West, the site backs onto a stormwater pond, providing added privacy with no future rear development. Servicing permits have been issued, making this shovel-ready site well-positioned for future construction. Located just west of Upper Centennial Parkway, the property is surrounded by established neighbourhoods, ongoing residential growth, and convenient access to major highways, transit, shopping, schools, and parks.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 222.98 x 287.58 Feet
Location
- Neighbourhood
- Stoney Creek
- Cross Street
- Mud St W
- Direction Faces
- West
Listing
- MLS® Number
- X13652576
- Days on Market
- 72
- Listed On
- 2026-08-07
- Possession
- TBD
- Listed By
- RE/MAX ESCARPMENT REALTY INC.
Mortgage calculator
Estimated mortgage payment
$21,253 per month
- Principal and interest
- $21,253
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $21,253
Your mortgage
- Mortgage amount
- $3,839,992
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,536,003
Cash to close
- Down payment
- $959,998
- Land transfer tax
- $106,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,066,473
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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