For Sale

423 Highway 8 Highway, Hamilton, Ontario L8G 1G1

$4,500,000

423 Highway 8 Highway, Hamilton, Ontario L8G 1G1 is For Sale and has a listing price of 4,500,000. The property is located in the Hamilton . It's been on the website for 1 Day.

  • Vacant Land
    Property Type
  • MLS ID: X12809402
  • Office Name SAM MCDADI REAL ESTATE INC.
Property Description

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
  • MLS ID: X12809402
  • Price: $4,500,000
  • Lot Depth: 196.4
  • Transaction Types: For Sale
  • Ref ID: X12809402
  • View: Mountain View, City View
  • Year Built: N/A
  • Approx Sqft: 5000 +
  • Dir / Cross St: HWY 8 / MARGARET AVE
  • Status: Active
  • Tax Year: 2025
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
02/21/2026 X12809402 $4,500,000 For Sale - -
02/21/2026 X12809382 $4,500,000 For Sale - -
11/14/2025 X12543538 $5,499,900 Cancelled 02/21/2026 -
11/13/2025 X12543434 $5,499,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton
  • $1,003,754 Average List Price
    based on 1 year
  • 1,199 New Listings
    based on 30 days
  • 69 Median Days on Market
    based on 1 year
  • List vs. Selling Price 179.99 % Up
  • Sold (12mo) 2,580
  • Rented (12mo) 1,128

  • 1 Month Change -47.8%
  • 3 Month Change +18.2%
  • 6 Month Change -9.7%
Walkscore
  • 61 Walk Score
    Somewhat Walkable
  • 36 Transit Score
    Some Transit
  • 54 Bike Score
    Bikeable
Additional Details
  • Kitchen Y
  • Taxes: $1
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 21/02/2026 20:00:59
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