For Sale
256 First Road W
Stoney Creek, Hamilton, ON
$4,799,990
0Bd
0Ba
—sqft
222.98 x 287.58 ftlot
LandMLS# X13652576Listed 2026-08-079 DOM
About this home
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.
Financials
Annual Taxes
$0
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield0.5% – 0.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Hamilton
Days on market9 days
Buyer's MarketSeller's Market
Based on active listings in Hamilton. Data updates daily.
Demographics — Hamilton
Population
569,353
Avg Household Income
$90,000
Age Distribution
0-19
20%
20-34
21%
35-49
19%
50-64
20%
65+
20%
Ownership65% own · 35% rent
EnglishFrenchArabicItalianTagalog
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
74
/ 100
Walk Score
Very Walkable
70
/ 100
Transit Score
Excellent Transit
62
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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