$ 4,995,000

50 Creighton Road, Hamilton

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. (id:1945)
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Property details for 50 Creighton Road, Hamilton

Type
Lots and Land
Lot Size
314.75 x 387.54 FT
Annual Taxes
$22,218

Nearby Listings Stat

Estimated price and comparable properties near 50 Creighton Road

Active Listings
94
Min Price
$29,000
Max Price
$5,880,000
Avg Price
$986,551
Days on Market
71
days
Sold Listings
28
Min Sold Price
$225,000
Max Sold Price
$3,100,000
Avg Sold Price
$804,286
Days until Sold
76
days

Neighbourhood Census Data

Hamilton, Ontario

Population
436
Median Age
44.6
Median Income
$40,768
Dwelling Value
$390,615

Housing Tenure

Owners 81%
Renters 17%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 1,555.5/km²
Avg Shelter Cost: $1,211/mo
Owners with Mortgage: 60%
Owners Spending 30%+: 10%
Tenants Spending 30%+: 0%
English only: 96.6%
English and French: 3.4%
Median Household Income: $87,552
Median Employment Income: $40,320

Price History

Listed
August 6, 2026
by ROYAL LEPAGE STATE REALTY
Current Price
$4,995,000
Type
Lots and Land
For Sale
50 Creighton Road

Contact Agent Get in touch about 50 Creighton Road, Hamilton

KEVIN ROGER GIRARD
ROYAL LEPAGE STATE REALTY

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Comparison of 50 Creighton Road, Hamilton, ON with Nearby Vacant Land