478-490 First Rd W
Hamilton, Ontario
Type
Land
About this Property
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.
Listing Details
- MLS #
- X14167116
- Board
- PROPTX
- Market
- ontario
- Property Type
- Land
- Style
- Designated
- Basement
- N
- Lot Size
- 711.26 × 1315.6 ft
- Annual Taxes
- $1,750/yr
- Listed By
- Avison Young Commercial Real Estate, LP
- Listed On
- November 6, 2026
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