390 Highland Road
Stoney Creek Mountain, Hamilton, L8J 0J5
FOR SALE
$6,100,000
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Property Description
10 Detached Serviced Freehold Lots with 25 Townhouses draft plan serviced. Nestled at 390 Highland Rd. West in the heart of Stoney Creek (Hamilton), this exceptional land parcel boasts a truly enviable location. Perched on the escarpment, the site offers sweeping views across the Hamilton skyline and beyond, benefiting from both the tranquility of mountain-top living and proximity to a wealth of amenities. Just minutes away lies the vibrant Stoney Creek Shopping District, featuring charming independent boutiques, restaurants, and local services along King Street. For big-box and grocery needs, the well-connected Eastgate Square is nearby, anchored by household name retailers. Outdoor and recreation enthusiasts will appreciate the nearby Devil's Punch Bowl Conservation Area, offering iconic escarpment vistas and Bruce Trail access, as well as the city's network of trails and parks. The community enjoys strong transit connectivity and excellent infrastructure, making it attractive for commercial and residential development. With this mix of natural beauty, reliable access, and a thriving local business ecosystem, 390 Highland Rd. West is strategically positioned to capture both serenity and opportunity.
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Property Details
Address
390 Highland Road
Community
City
Postal Code
L8J 0J5
Property Type
Vacant Land, Vacant Land
Lot Size
454' x 235'
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Listing contracted with Stonecastle Realty Group Inc.
PRIME DEVELOPMENT OPPORTUNITY: This 2.39-acre waterfront property on Spencer Creek in downtown Dundas is currently being rezoned (Medium Density Multiple DwellingRM3 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 Hamiltons Urban Official Plan and Design Guidelines. It notably advances the core objectives of intensification while considering the form and functional characteristics of the area.
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