256 FIRST Road West, Stoney Creek, Ontario, L8J1K9
This lot in Stoney Creek is for sale.
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. (id:66096)




$4,799,990
Stoney Creek
Features and services as supplied by the listing brokerage.
Long Listed: 89 days on market, against an average age of 62 days across the listings currently for sale in this city
This vacant land in Stoney Creek 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 $4,799,990, about 42.1× the local median household income of $114,000.
Carrying it typically needs a household income of about $937,606 (20% down, 25-yr amortization, stress-tested) — roughly 722% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8J)
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