423 Highway 8 Highway
Hamilton, ON L8G 1G1
About This Property
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, Hospitals, 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 **
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12809382
Listed by SAM MCDADI REAL ESTATE INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$21,974
/month · $3,600,000 mortgage
Amortization
Total Interest
$2,992,228
Total Cost
$6,592,228
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
SAM MCDADI REAL ESTATE INC.