For sale

$3,750,000

Est. $17,784/mo —

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•

— ba

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0.92

acre (lot)

423 Highway 8, Stoney Creek, ON L8G 1G1

About this home

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. (id:51075)

Vacant landProperty Type

0.92 acresLot Size

$4,076,087Price/Acres

Listed by MICHAEL PHINNEY • ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

Listed by LILLIAN LEM • ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

Listing updated: Jun 30, 2026 at 08:38pm

Redfin checked: 13 minutes ago

•Source:CREA #X13507234

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Around this home

Schools

0.8km

St. Francis Xavier Catholic Elementary School

Public, JK-8 • Assigned

0.8km

Orchard Park Secondary School

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Exterior

Exterior features
Approximately 2,008 feet of frontage

Construction
Property totals about 1 acre

Sale and tax history for 423 Highway 8

Sale History
Tax History

Date

Event

Price

TREB #X12809402

Jun 19, 2026

Delisted

—

Feb 21, 2026

Listed

$4,500,000

$4,500,000/sq ft

+30

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 * *

TREB #X12543538

Nov 13, 2025

Listed

$5,499,900

$5,499,900/sq ft

Public record

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Last updated by owner on Nov 13, 2025.

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