41 Stuart Street

Central, Hamilton · MLS® X13616916

0 sq ft lot · Land · Vacant Land · 87 days on market

listed by JACOB VANDERBREGGEN, ROYAL LEPAGE REAL ESTATE SERVICES LTD.

realtor's description

Power of Sale: An opportunity to acquire a transit-oriented development site in Hamilton's rapidly transforming West Harbour GO district. Situated directly across from West Harbour GO Station, 41 Stuart Street is positioned within one of the city's most active intensification areas, offering immediate access to regional transit, downtown amenities, and the waterfront. The property benefits from LPAT-approved Official Plan and Zoning permissions for a 10-storey mixed-use development with ground floor commercial uses and residential above. Previous development plans proposed approximately 87 residential units, with flexibility for a future purchaser to refine the unit mix and building design, subject to applicable approvals. Surrounded by ongoing residential investment and significant public infrastructure improvements, this is an outstanding opportunity for developers, builders, and institutional investors seeking to deliver a boutique condominium or purpose-built rental project in a high-demand, transit-oriented location.

property details

type: Land, Vacant Land
lot: 0 sq ft
parking: 0
days on market: 87
MLS®: X13616916

monthly cost

$17,210/mo

Mortgage $17,210

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$17,210/ monthly

loan $3,160,000

25-year amortization

down payment20% · $790,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,002,931
cash to close: $790,000; down payment; transfer tax and fees not included
total paid: $5,162,931

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.