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- LoopNet Team
100 Cherry Beach
Hamilton, ON L8E 5B9
Land For Sale
·
3.25 AC
INVESTMENT HIGHLIGHTS
- Surrounded by nearby commercial and residential developments
- Site configuration provides an excellent opportunity for a mix of high density and medium density residential development
- 3.25 acres of land for sale (currently a motel) in highly-sought after lakeview location in Stoney Creek (Hamilton)
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units - Condo |
| Property Subtype | Commercial | Total Lot Size | 3.25 AC |
| Zoning | ND-1 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 3.25 AC |
| Zoning | ND-1 |
DESCRIPTION
The site is currently improved with an operating motel (Lake Trail Motel) which presents an income-in-place and cost-recovery opportunities to a developer in the interim period while planning approvals are obtained. Current zoning (ND-1) allows already residential as-of-right (to be verified by purchasers), however many other development applications in this node are setting new precedents with higher heights/densities. For illustrative purposes only, the owner’s architect has developed a design concept that takes full advantage of the northerly lake and southerly escarpment views. The attached concept is an example of a two-tower configuration accompanied by a stacked town home project. The illustration concept totals 435,166 SF at a Floor Space Index (FSI) of 3.0.
LINKS
Listing ID: 27771316
Date on Market: 2023-02-16
Last Updated:
Address: 100 Cherry Beach, Hamilton, ON L8E 5B9
The Stoney Creek Land Property at 100 Cherry Beach, Hamilton, ON L8E 5B9 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
LAND PROPERTIES IN NEARBY NEIGHBORHOODS
- Stoney Creek Commercial Land Properties
- Burlington Southwest Commercial Land Properties
- Glanbrook Commercial Land Properties
- Hamilton Central A Commercial Land Properties
- East End A Commercial Land Properties
- Mountain C Commercial Land Properties
- Mountain D Commercial Land Properties
- Hamilton Downtown A Commercial Land Properties
- Hamilton Central C Commercial Land Properties
- Aldershot Commercial Land Properties