For Sale - 423 Highway 8 Highway, Hamilton, Ontario

Est payment $21,609/mo
Views   1
Time on Jump  40 day
  • Shovel-ready site for a mixed-use residential and commercial building.
  • 24 residential units with various configurations and modern amenities.
  • Great visibility on Highway 8 with ample parking spaces available.
  • Located in a desirable area close to parks, schools, and shops.
  • Existing building fully rented, providing immediate income potential.



Rare offering! Fully developed land & approved shovel ready site for a 30,424sf - 4 storey low rise/mixed use residential & commercial building w/ 24 residential units & dividable 7,942sf commercial/retail/office space w/ great exposure fronting on hwy 8 + 45 parking spaces all in desired stoney creek area! Turnkey, avoid the long & costly years of rezoning/planning/development & servicing, this site is ready to build & great investment opportunity + allowing for faster rate of return of investment. ** prime area surrounded by residential homes & large retail/professional/office/commercial spaces ideal for buyers/investor + *** existing bldg 1100 sf main flr + basement fully rented!! Elegant & modern design elevations/concepts ready to be built! Main floor: features large commercial/retail space can be divided into multiple units, great frontage & exposure, signage & primary access on main hwy 8 road + surface parking, sidewalks & on public transit route. Great for professional offices/medical/dental/healthcare or retail/commercial. Residential floors 2-4: offers 24 residential units featuring (11) 1 bed & (13) 2 bed units, sizes range from approx 600 sf - 1000 sf, open balcony designs, main lobby area for residents, elevator, rooftop patio/graden, utility/moving/garbage/storage/bike area & dedicated parking. Prime location in great community, w/public transportation at door step, walk to parks, great schools, various shops/services, hospitals, quick access to new go station, qew/407/403 & major hwys, major shopping/malls, downtown stoney creek, 20 mins to downtown burlington & burlington go stn, quick access to niagara region & surrounding hamilton area, local farms, vineyards & more. Approx 1 acre, municipal services, c2-673 zoning, spa approved by the city **remarkable turnkey shovel ready development ideal for builders & investors *purchase & start marketing, preselling & building - no need to wait **
Listing IDX12809402
Address423 Highway 8 Highway
CityHamilton, Ontario
Price$4,500,000
StyleVacant Land
Land Size0.911
TypeVacant Land
StatusFor Sale
Subtype Vacant LandOwnership FreeholdViews Trees/WoodsWaterfront NoneSewer Sewer
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Listing Agency:  SAM MCDADI REAL ESTATE INC.

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423 Highway 8 Highway
Hamilton , Ontario
$4,500,000
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