490 First Road W Stoney Creek, ON L8J 1X5
UPDATED:
12/16/2024 12:41 PM
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40685345
Originating Board Waterloo Region
Annual Tax Amount $1,550
Lot Size 21.500 Acres
Acres 21.5
Property Description
The current ownership has submitted an application proposing 195 units. This includes 28 single-family homes with 33-foot frontages, 28 street townhouses with 20-foot frontages, 68 freehold condominium units with 20-foot frontages, 37 three-story townhouses with 18-foot frontages, and 34 back-to-back units.
Stormwater management issues in Phase 2 needed resolution before moving forward with Draft Plan Approval. These issues have been addressed through recent studies, allowing the City of Hamilton to proceed with Draft Plan, Zoning, and Urban Hamilton Official Plan Amendment (UHOPA) approvals.
While a neighboring developer is working towards securing planning approvals by early 2025, the current ownership has opted to pause, giving the buyer the flexibility to determine the final unit mix. It is estimated that Draft Plan Approval could be obtained within approximately eight months.
PLUS significant surplus cost recoveries for SWMP and Parkland. VTB possible. Call for details.
Location
Province ON
County Hamilton
Area 50 - Stoney Creek
Zoning ND (Neighbourhood Development)
Direction Highway 403 to Lincoln Alexander Parkway to Mud Street to First First Road West
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available
Lot Frontage 711.26
Lot Depth 1315.59
Garage No
Building
Lot Description Urban, Rectangular, Highway Access
Faces Highway 403 to Lincoln Alexander Parkway to Mud Street to First First Road West
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 170972894
Ownership Freehold/None