Gurvinder Nokwal REALTOR®
For Sale Vacant Land 73 days on market

$4,995,000

Est. payment $22,117/moCalculate yours

50 Creighton Road, Hamilton, ON L9H 3B6

Dundas, Hamilton, ON L9H 3B6

Map

Listing courtesy of ROYAL LEPAGE STATE REALTY MLS® X13643530

About this home

PRIME DEVELOPMENT OPPORTUNITY: This 2.39-acre waterfront property on Spencer Creek in downtown Dundas is currently being rezoned(‘Medium Density Multiple Dwelling-RM3 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 Hamilton’s Urban Official Plan and Design Guidelines. It notably advances the core objectives of intensification while considering the form and functional characteristics of the area.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
314.75 x 387.54 Feet
Zoning
RM2-FP, OS

Financial

Property Taxes
$22,218 (2025)

Location

Neighbourhood
Dundas
Cross Street
Mill Street
Direction Faces
West

Listing

MLS® Number
X13643530
Days on Market
73
Listed On
2026-08-06
Possession
Flex
Listed By
ROYAL LEPAGE STATE REALTY

Features

Included
10 Fridges, 10 Stoves
Excluded
Tenant Belongings

Mortgage calculator

Minimum for this price: $999,000 (20%)

Amortization, years

Estimated mortgage payment

$22,117 per month

Principal and interest
$22,117
Property tax
$1,852
Estimated monthly cost
$23,968

Your mortgage

Mortgage amount
$3,996,000
Mortgage insurance
Not needed
Interest over 25 years
$2,639,034

Cash to close

Down payment
$999,000
Land transfer tax
$111,350
Total, before legal fees
$1,110,350
Talk to me about financing

Estimates 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

50 Creighton Road, Hamilton, ON L9H 3B6 Dundas, Hamilton, ON L9H 3B6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,995,000 50 Creighton Road, Hamilton, ON L9H 3B6
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