$4,500,000

Vacant Land

423 Highway 8 Highway, Hamilton, ON

1 DAY
0
5,000
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Listed by SAM MCDADI REAL ESTATE INC.

Property Highlights

Property Tax

$1/yr

Lot Size

Not Applicable ac

Style

Other

Monthly Cost

$19,002/mo

About This Home

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 **

Monthly Cost

Monthly Mortgage$19,002
Property Tax ($1/yr)$0
Total$19,002

Price & Listing History

Schools

Location

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Listing Presented By

Iryna Tarabanovska

Iryna Tarabanovska

REALTOR®

+1 (647) 570-8221
iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage