23 Centennial Parkway, Hamilton, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Stoney Creek. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $459,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 66 x 106 ft lot size
Description
ATTENTION INVESTORS & DEVELOPERS! This property represents the best value available in the neighbourhood, offering a rare residential building lot in the heart of Stoney Creek's historic "Old Town." Boasting an unbeatable location just minutes from the Confederation GO Station, Red Hill Parkway, QEW, and all essential amenities, this site is primed for growth. Currently zoned Multiple Residential "RM1," the property permits up to a fourplex, while also falling under the Stoney Creek Secondary Plan's "Medium Density Residential 3" designation. This allows for diverse development opportunities, including potential for a multiplex apartment building under the City's R3 Zone intent. Whether you are looking to build a high-yield multiplex or a custom low-rise project, this is an incredible opportunity to secure a development-ready site at an unmatched price point in a highly desirable, well-connected community.|
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 23 Centennial Parkway S, Hamilton, ON L8G 2C1
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About Purchasing a Home in Hamilton, ON
For a property listed at $459,000 in Hamilton, the legal minimum down payment is $22,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,655 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,655.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.