For Sale: 423 8 Highway, Hamilton, ON - REW
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$3,750,000
0 bd • ba • 1 sf • Land/Lot
423 Highway 8 - Placeholder image
423 Highway 8 - Placeholder image
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$3,750,000
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423 Highway 8Hamilton, ON, L8G 1G1

Stoney Creek
  • 0 Bed
  • Bath
  • 1 Sqft
  • Land/Lot

About this home

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. (id:63626)
Listed by: Michael Phinney, Salesperson, ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

Home facts and features

Price details
List Price
$3,750,000
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Gross Taxes for 2026
$32,001
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
200 ft x 0 ft (39900 ft²)
Depth
Frontage
200.8 feet
Features
Irregular lot size
Community
Agent details
Primary Agent
Michael Phinney
Primary Broker
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Secondary Agent
Lillian Lem
Secondary Broker
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Listing details
Days on REW
2 Days
MLS® Number
X13507234
Source
Canadian Real Estate Association
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Property Insights

Memorial Public School
  • Public
  • JK - 8
St. Clare of Assisi Catholic Elementary School
  • Catholic
  • JK - 8
Orchard Park Secondary School
  • Public
  • 9 - 12
St. Francis Xavier Catholic Elementary School
  • Catholic
  • JK - 8
Our Lady of Peace Catholic Elementary School
  • Catholic
  • JK - 8
Mountain View Public School
  • Public
  • JK - 8
Eastdale Public School
  • Public
  • JK - 8
Cardinal Newman Catholic Secondary School
  • Catholic
  • 9 - 12
St. Martin of Tours Catholic Elementary School
  • Catholic
  • JK - 8
Collegiate Avenue School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Michael Phinney
Cell:
905-617-4669
Office:
905-466-8888
Lillian Lem
Cell:
647-878-7802
Office:
905-466-8888
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