• Mobile: 416-949-2626
  • Office: 416-293-8500
  • Fax: 905-913-8585

$4,500,000
Available - For Sale
Listing ID: X12809382
423 Highway 8 Highway , Hamilton, L8G 1G1, Hamilton


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 **
Price $4,500,000
Taxes: $1.00
Tax Type: Annual
Occupancy: Vacant
Address: 423 Highway 8 Highway , Hamilton, L8G 1G1, Hamilton
Postal Code: L8G 1G1
Province/State: Hamilton
Legal Description: PART LOTS 4, 5, 6, 7, 31 & 32 PLAN 639 P
Directions/Cross Streets: HWY 8 / MARGARET AVE
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Designated
Use: Other
Building Percentage: T
Total Area: 0.91
Total Area Code:  Acres
Area Influences: Major Highway   Public Transit
Franchise: F
Washrooms: 0
Sewers: Sanitary+Storm
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SAM MCDADI REAL ESTATE INC.
Personal Picture
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Land
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stoney Creek
Style:
Lot Size: x 196.40(Feet)
Approximate Age:
Tax: $1
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years