23 centennial Parkway S, Hamilton, ON L8G 2C1

For Sale 33 days on Market MLS® X12866312

Asking Price

$499,000

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23 centennial Parkway S, Hamilton, ON L8G 2C1

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Overview

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ATTENTION INVESTORS & DEVELOPERS! Residential building lot in the heart of Stoney Creek's "Old Town" area. Minutes to Confederation GO Station, Red Hill Parkway, QEW, Schools, Parks, Shopping. The property is currently Zoned Multiple Residential "RM1" which permits up to a Fourplex. It also falls under the Stoney Creek Secondary Plan - Old Town designation of "Medium Density Residential 3" Supporting a variety of residential development opportunities. The City's R3 zone applies to medium density low-rise residential areas, intended to provide a range of housing types that meet the needs of residents and enhance neighbourhood growth. Based on this designation, the site could also be suitable for a multiplex apartment building. An excellent opportunity to invest and build in a highly desirable well-connected location.

Lot Size

0.2 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityHamilton

Postal CodeL8G2C1

Lot Dimensions66.00 × 106.00 ft

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$499,000

Annual Taxes$2,753 (2025)

Days on Market33

MLS® X12866312 • Listed by ROYAL LEPAGE STATE REALTY

23 centennial Parkway S, Hamilton, ON L8G 2C1

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Purchase Calculator

Home Price

$499,000.00

Location

Down Payment

$104,790.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

23 centennial Parkway S, Hamilton, ON L8G 2C1

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