- Lot
- 2 – 4.99 acres
- Tax a year
- $22,2182025 tax year
- Days on market
- Members
The brief
About 50 Creighton Rd
50 Creighton Rd is vacant land in Dundas, Hamilton, listed for sale at an asking price of $4,995,000 (MLS® X13643530).
PRIME DEVELOPMENT OPPORTUNITY: This 2.39-acre waterfront property on Spencer Creek in downtown Dundas is currently being rezoned('Medium Density Multiple Dwelling-RM3 Modified') for an 8-storey, 120-unit condominium development. The zoning will also allow for a retirement facility and there is still a massive upside potential with a maximum build allowance up to 12 storeys and 170 units. A full application has been submitted including the following studies: Hydrogeological; Geotechnical; Functional Servicing & Stormwater Management; Noise Impact; Sun/Shadow; Wind; Parking Analysis & Transportation Management. This luxury apartment style building will comprise of one, two, and three-bedroom configurations. The building is designed with recessed balconies enhancing its visual appeal. To accommodate residents, the development includes a total of 144 parking spaces in an underground garage along with 120 storage lockers and dedicated bicycle parking.However, a revised zoning by-law will allow for a reduction to a total of 78 spaces significantly reducing the underground requirements. A rooftop amenity space is also included in the plan. Access to the site is from the west side of Creighton Road, ensuring efficient circulation for both residents and visitors. The site is currently occupied by a single-storey building containing 10 rental units with plenty of interim opportunity. Located directly in front of Spencer Creek Trail connecting to the entire Dundas Valley Conservation with easy access to Webster Falls and the Dundas Valley Golf and Curling Club. This site is conveniently located on a bus route and just steps to the historic downtown Dundas with a vibrant mix of restaurants, shopping and amenities. This development represents a strategic use of land in alignment with the City of Hamilton's Urban Official Plan and Design Guidelines. It notably advances the core objectives of intensification while considering the form and functional characteristics of the area.
Insights
Condition Score
Fair50/100Listing notes possible renovation needs
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $22,218 / 2025
- MLS® number
- X13643530
- Board
- TRREB MLS®
- Property Type
- Vacant Land
- Days on market
- Lot Size
- 314.75 x 387.54 ft
- Listed on
Property details
Property
- Property Type
- Vacant Land
- Style
- Other
- Community
- Dundas
- Municipality
- Hamilton
Land
- Frontage
- 314.75 ft
- Depth
- 387.54 ft
- Lot Size
- 314.75 x 387.54 ft
Additional
- Extras
- 10 Fridges, 10 Stoves
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 50 Creighton Rd, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $4,995,000 | N/A | For Sale | X13643530 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $999,000
- Total mortgage amount
- $3,996,000
- Total interest payment
- $2,840,700
- Total purchase cost
- $7,835,700
- Mortgage payment
- $22,789/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$24,641- Rent $0
- Shortfall $24,641
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $111,350
- Total land transfer tax
- $111,350
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $107,350
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $4,995,000
- $74,875
- Ontario total
- $111,350
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 121,978 sq ft11,332 m²
- Street frontage
- 314.75 ft95.9 m
- Depth
- 387.54 ft118.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m4 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.7 m below ground nearbyThe middle water level in the well records within 500 m (32 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.1 km9.1 km
Province of Ontario open data
Around the home3
- Nearest rail line: 910 m910 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 330 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data · Municipal transit open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Hamilton — King Street Wastewater Treatment Plant, 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
The market
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Dundas Central Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 750 m | 64%Grade 6 average |
| St. Bernadette Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 900 m | 79%Grade 6 average |
| St. Augustine Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 1 km | 61%Grade 6 average |
| ÉÉC Monseigneur-de-LavalConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 6.9 km | 69%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Dundas Valley Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 1.2 km | 58%Grade 9 math |
| St. Mary Catholic Secondary SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 | 3.3 km | 69%Grade 9 math |
| Sir Allan MacNab Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 5.1 km | 38%Grade 9 math |
| École secondaire Georges-P-VanierConseil scolaire Viamonde | French-language public · grades 9–12 | 5.8 km | 73%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Dundas are shown to signed-in members.