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This Land Property is no longer advertised on LoopNet.com.

100 Cherry Beach
Hamilton, ON L8E 5B9
 Land For Sale · 3.25 AC

Commercial Land Parcels Ontario Hamilton 100 Cherry Beach, Hamilton, ON L8E 5B9

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: 2/16/2023

  • 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.com. Contact the broker for information on availability.

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