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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Stoney Creek
MLS Listing ID X13507234
Annual Tax Amount $32,000
Tax Year 2026
Property Sub-Type Land
Lot Depth 196.4
Lot Front 200.73
Property 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.
Location
Province ON
County Hamilton
Area Hamilton
Zoning ER3
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 200.73
Lot Depth 196.4
Others
ParcelsYN No
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
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