41 Stuart Street, Hamilton (Central), Ontario, L8L1B5
Power of Sale: An opportunity to acquire a transit-oriented development site in Hamilton's rapidly transforming West Harbour GO district. Situated directly across from West Harbour GO Station, 41 Stuart Street is positioned within one of the city's most active intensification areas, offering immediate access to regional transit, downtown amenities, and the waterfront. The property benefits from LPAT-approved Official Plan and Zoning permissions for a 10-storey mixed-use development with ground floor commercial uses and residential above. Previous development plans proposed approximately 87 residential units, with flexibility for a future purchaser to refine the unit mix and building design, subject to applicable approvals. Surrounded by ongoing residential investment and significant public infrastructure improvements, this is an outstanding opportunity for developers, builders, and institutional investors seeking to deliver a boutique condominium or purpose-built rental project in a high-demand, transit-oriented location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 98 days on market, against an average age of 70 days across the listings currently for sale in this city
This vacant land in Hamilton (Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,950,000, about 60.8× the local median household income of $65,000.
Carrying it typically needs a household income of about $771,573 (20% down, 25-yr amortization, stress-tested) — roughly 1087% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8L)
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