202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4
Hamilton
Exceptional development opportunity in a high-traffic, high-demand commercial corridor, strategically positioned directly across from Cineplex and surrounded by established restaurants, cafés, and national retail. This prime parcel benefits from outstanding visibility, strong pedestrian activity, and a proven consumer base. The site currently features one commercial building and three residential dwellings, generating stable interim income to offset holding costs while development approvals and planning are advanced. Existing zoning supports two compelling development scenarios. The first contemplates a nine-storey mixed-use condominium with approximately 232 residential units and ground-floor commercial space. The second allows for two six-storey purpose-built rental buildings totalling 99 units, also with retail at grade and well positioned to leverage CMHC-backed rental financing programs. Both concepts align with the area's continued intensification, population growth, and sustained demand for mid-rise, transit-oriented residential living. With walkable amenities, strong demographics, and flexible mixed-use potential, this asset offers meaningful upside for developers and investors seeking either near-term execution or a strategic long-term hold in a thriving commercial node. Some photos are renderings.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X12754072
Listed by RE/MAX ABOUTOWNE REALTY CORP.
On market since Feb 3, 2026
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4 is listed for $8,199,900 CAD.
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4 is a Land, 57,350 sq ft.
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4 is in Hamilton, Ontario.
202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4 is currently for sale.
Contact Avi Hayev at +16471112222 to arrange a private showing of 202-196 Upper Mount Albion Road, Hamilton, ON L8J 1V4 (MLS# X12754072). You can also send a message through the contact form on this site.
