478-490 First Road

Recent development charge and HST relief materially improve the economics of this opportunity. Hamilton has been approved for up to $572 million in funding supporting a 100% residential DC reduction for three years, structured to apply retroactively from March 30, 2026 once the program is fully implemented. The federal- provincial partnership also provides expanded HST relief, with potential savings of up to $130,000 per homebuyer. Within an approved Secondary Plan, the 21.50- acre developable site is progressing through planning review/draft plan submission for approximately 195 single-detached and townhouse units, providing a significant head start toward development.