Last Sold Price
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Overview
Key Facts
Type
Levels Land
Size 1 sqft
Garage
Taxes $32,926
Days Active 3
Lot Size 0.916 Acres
Approx. Age
Avg. Price Per Sqft $3,750,000
MLS® Number X13746906
Property Address: 423 Highway 8, Stoney Creek, ON, L8G1G1
Average square foot calculated using Size range provided by listing agent.
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. Take advantage of the recently announced LIMITED TIME government incentive in reduction of development fees only available to Hamilton area developments! Additional upside includes the ability to generate income immediately from the fully tenanted existing commercial building on site, providing cash flow from day one. (id:58753)Show Description
MLS® NumberX13746906
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Extras
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $3,750,000
For Sale · 2 days
$3,750,000
MLS® X13746906
2 days ago
Not Sold Yet
September 2026, For Sale for $3,750,000
For Sale · 2 days
$3,750,000
MLS® X13746906
2 days ago
Not Sold Yet
Sep 4, 2026, Canceled for $3,750,000
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