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$3,750,000

423 Highway 8 N/A

Hamilton, ON L8G 1G1

423 Highway 8 N/A, HamiltonListed at $3,750,000 Land. MLS® X13507234.

Land
$32,000.53Taxes/yr · 2026

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.

Property Details

Property TypeLand
CommunityStoney Creek
Lot Size0.92 acres (39,901 sq ft)
Lot Dimensions200.73 × 196.4 ft
Lot Size Area0.916 sqft
Dir/Cross StKing St E and Hwy 8
SewersSanitary Available
Taxes (2026)$32,000.53
HSTIn Addition To
Listed Date6/30/2026
Days on Market48 days
Possessionimmediate

Business Details

Property Sub-TypeLand
Property UseDesignated
Occupant TypeTenant
Showing RequirementsGo Direct, See Brokerage Remarks
Possession TypeImmediate
Listing Expires12/31/2026
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

MLS® #X13507234

TRREBMLS®

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