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Est. payment /mo
13 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 13 sqft
Subdivision Rural Glanbrook
MLS Listing ID X13771816
Annual Tax Amount $1,531
Tax Year 2025
Property Sub-Type Land
Property Description
Strategic land opportunity within Hamilton's Elfrida growth area, one of the largest and most advanced urban boundary expansion proposals currently under review in Ontario. The Ontario Land Tribunal's August17, 2026 Phase I ruling concluded that Hamilton requires at least 1,600gross DEVELOPABLE hectares of urban boundary expansion to accommodate growth to 2051. Significantly, the three principal expansion areas currently before the Tribunal, Elfrida, Whitecourt and Twenty Road West, collectively encompass approximately 1,860 gross hectares, making them the leading candidate areas to satisfy the Tribunal's identified land need. The Elfrida proposal alone comprises approximately 1,226 gross hectares, with roughly 1,000 to 1,100 gross DEVELOPABLE hectares after accounting for natural heritage features, infrastructure corridors and other constraints, positioning it as the largest of the urban expansion areas under review and a significant component of Hamilton's long-term residential land supply. The area's long-term growth prospects are further supported by the recently announced $572 million federal-provincial investment in Hamilton's housing-enabling roads, water, wastewater and community infrastructure. In conjunction with this funding, the City has committed to eliminating development charges on residential development for a three-year period from March 30, 2026 to March 31, 2029,enhancing the economics of qualifying residential projects during that timeframe.
Location
Province ON
County Hamilton
Area Hamilton
Zoning A1
Exterior
Utilities Available Available
Lot Frontage 199.29
Others
ParcelsYN No
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Listed by Avison Young Commercial Real Estate Serv
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