$4,995,000 Sale

Listed 81 days ago

50 Creighton Road

MLS® x13643530 Vacant Land

Your request was received!

We'll be in touch soon to confirm the details.

Date:

Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$18,949/mo

Property Taxes

$22,218.43/yr

Key Facts

Key facts for 50 Creighton Road

Property Type

Lots/Land

Parking

MLS #

X13643530

Size

Basement

Listed on

2026-08-06

Lot size

315 x 387.54

Tax

$22,218.43 /yr

Days on Market

Approximate Age

Maintenance Fee

Description

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.

Full Property Details

Interior

Washrooms

Exterior

Depth

387.54

Front

314.75

Acreage

2-4.99

Lot Size

315 x 387.54 ft

Waterfront

Indirect

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

RM2-FP, OS

Depth

387.54

Front

314.75

Acreage

2-4.99

Lot Size

315 x 387.54 ft

Waterfront

Indirect

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

RM2-FP, OS

Building Description

Home Type

Lots/Land

Subtype

Vacant Land

Property Orientation

West

Possession Date

No Data

Home Type

Lots/Land

Subtype

Vacant Land

Property Orientation

West

Possession Date

No Data

Community

Dundas

Community

Dundas

Taxes & Fees

Taxes

$22,218.43 /yr

Tax Year

2025

Occupancy

Tenant

Taxes

$22,218.43 /yr

Tax Year

2025

Occupancy

Tenant

Similar Properties (No results)

Mortgage Calculator

Calculate your estimated monthly mortgage payment

Price $4,995,000

Down payment

Interest rate

Amortization

Total cost of mortgage

Monthly payment

By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).

The accuracy and applicability of this calculator are not guaranteed.

A Team Realty

Email: [email protected] Cell: 647-913-0470