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

Hamilton, ON, L8G 1G1 · Stoney Creek

Sq Ft
Land Type
X13507234 MLS#

About this property

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.

Features & Amenities

  • Sewer: Sanitary Available

Property Details

Property Type Commercial
Property Sub-Type Land
Lot Size 1 Feet
Sewer Sanitary Available
Annual Tax $32,001
Tax Year 2026

Building & Construction

Building Area Total
0.916

Lot & Land

Lot Size Area
0.92
Lot Size Units
Feet
Lot Depth
196.40
Lot Width
200.73
Lot Irregularities
50.11x26.58x138.15x200.73x196.40x226.79

Community & Neighborhood

Community Features
Major Highway, Public Transit

Financial & Tax

Tax Annual Amount
$32,001
Tax Year
2026
Possession Type
Immediate
Possession Details
immediate

Utilities & Services

Sewer
Sanitary Available
Utilities
Available

Additional Details

Occupant Type
Tenant
County Or Parish
Hamilton
Cross Street
King St E and Hwy 8
Directions
From QEW, exit at South Service Rd, right on Millen Road.
Showing Requirements
Go Direct, See Brokerage Remarks

Location

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

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
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