The Project consists of a proposed 16-storey, multi-residential apartment building comprised of 220 residential units. New residential developments north of the QEW and to the west of these lands have resulted in increased density and built form making this site ideal for a redevelopment plan. The Province of Ontario has recently confirmed the establishment of a future GO Station at Centennial Parkway, which should result in more residential redevelopment in this area due to the proximity to such a mobility hub. The subject property is well located in the growing city of Hamilton, just off the QEW, allowing for high visibility.
Land development opportunity
Forecasted annual return 21% (per year)
Possibility for site expansion
Located in Hamilton in Southern Ontario
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