Where can I verify the source and access all details for “Affordable Housing Development on Lake Avenue South Parking Lot”?

This Taiyo project page references The Spec along with the original URL (https://www.thespec.com/news/hamilton-region/city-taps-non-profit-for-housing-on-stoney-creek-parking-lot/article_dcedc85d-667d-5573-bbdd-234d9dec5b84.html). Taiyo standardizes official data into a consistent, searchable project profile.

Affordable Housing Development on Lake Avenue South Parking Lot

Q: What is the latest status of the project “Affordable Housing Development on Lake Avenue South Parking Lot”?

The status recorded for “Affordable Housing Development on Lake Avenue South Parking Lot” is planned.

Q: What is the budget and commercial profile for the project “Affordable Housing Development on Lake Avenue South Parking Lot”?

Taiyo normalizes the budget of “Affordable Housing Development on Lake Avenue South Parking Lot” to USD 372165.

Sector: Government • Location: Hamilton, Ontario, Canada

Source: The Spec

Project

Planned

Crosswalk Communities, a Toronto-based non-profit, has been selected by the City of Hamilton to develop up to 60 affordable rental apartments on the Lake Avenue South property in downtown Stoney Creek. The project involves a 40-year nominal lease of city-owned land at 5 and 13 Lake Ave. S. The building is planned to be five or six storeys tall, using modular construction, with rents capped at 80%

Status: Prospective
Sector: Government, Car parking, Residential, Automotive, Commercial
Location: Hamilton, Ontario, Canada
Updated: 22 Jul 2026
Source: The Spec

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Project Information

4 Q

The project “Affordable Housing Development on Lake Avenue South Parking Lot” is an infrastructure initiative in the Government sector, located in Hamilton, Ontario, Canada. Taiyo aggregates data on it from The Spec.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Crosswalk Communities, a Toronto-based non-profit, has been selected by the City of Hamilton to develop up to 60 affordable rental apartments on the Lake Avenue South property in downtown Stoney Creek. The project involves a 40-year nominal lease of city-owned land at 5 and 13 Lake Ave. S. The building is planned to be five or six storeys tall, using modular construction, with rents capped at 80% of market rates. Twenty percent of the units will be reserved for military veterans. The city is providing the land at a nominal lease and $500,000 for predevelopment work, with hopes to secure federal funding and other financial support.
Original sector	Built Sector
Budget

Location

Country	Canada
State	Ontario
City	Hamilton

Source

Source	The Spec
URL

More Details

Record type	Project
Sector	Government, Car parking, Residential, Automotive, Commercial
Article published date	2026-07-19

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Affordable Housing Development on Lake Avenue South Parking Lot

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