423 Highway 8 N/A, Hamilton, ON L8G 1G1
423 Highway 8 N/A, Hamilton, ON L8G 1G1
423 Highway 8 N/A, Hamilton, ON L8G 1G1
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Christine Domina

Christine Domina

+1(416) 873-4747
$3,750,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Stoney Creek

MLS Listing ID X13507234

Annual Tax Amount $32,000

Tax Year 2026

Property Sub-Type Land

Property Description

Almost 1 acre of prime real estate fronting Highway 8, offering exceptional development potential. A site plan has been approved for over 34,000 sq. ft. of combined residential and commercial space, including a 4-storey mixed-use building with ground-floor commercial units and 45-60 parking spaces.The development allows for over 7,900 sq. ft. of commercial space, which can be subdivided into multiple units with excellent street and sign exposure. There is also potential for a secondary access via Millen Road, enhancing site circulation and accessibility.The residential component includes up to 24 units, ranging from approximately 600 to 1,000 sq. ft. each, designed to suit modern urban living.Ideally situated within a growing corridor surrounded by established residential neighbourhoods and businesses, this site presents a rare opportunity for near-term development. It offers convenient access to the QEW, Niagara Escarpment, and several planned future developments in the area.Additional upside includes the ability to generate income immediately from the fully tenanted existing commercial building on site, providing cash flow from day one.

Location

Province ON

County Hamilton

Area Hamilton

Exterior

Community Features Major Highway, Public Transit

Utilities Available Available

Lot Frontage 200.73

Lot Depth 196.4

Others

ParcelsYN No

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

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