About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13507234
Status	Active
Listing Type	For Sale
Property Type	Land
Interior Size	1 sq ft
Lot Size	1 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Stoney Creek
City	Hamilton
Postal Code	L8G 1G1
Province	ON
Listed Date	June 30, 2026
Days on Market	37
Price per Sq Ft	$3,750,000
Brokerage	ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE