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1242 8 Highway

1242 8 Highway

Stoney Creek, Ontario

Vacant Land

$799,900

Prime Commercial Development Opportunity in the Heart of Winona! Located on high-traffic Highway 8, this 98 ft x 175 ft vacant lot offers exceptional exposure and accessibility in one of Winona’s most desirable and rapidly growing corridors. Zoned LC-3 (Local Commercial Zone with Site Specific), the property provides a wide range of permitted uses, making it an ideal investment for entrepreneurs, developers, and investors alike. The “LC” designation allows for numerous commercial uses including banks, financial institutions, convenience stores, drug stores, flower shops, hardware stores, personal service shops, retail stores, and offices. The site-specific designation further enhances value by permitting bakeries, service shops, restaurants, and the opportunity to build apartment units above the ground-floor commercial space—perfect for a mixed-use development. Surrounded by established businesses, residential neighbourhoods, and future growth, this property is a rare chance to secure a highly versatile commercial site in a thriving community.

Price History

Property

Lot Size
0.39 acres

Schools

Elementary

  • St. Gabriel Catholic Elementary School0.9 km

    Catholic · Hamilton-Wentworth CDSB · 525 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 58% met the provincial standard

  • Winona Elementary Elementary School0.9 km

    Public · Hamilton-Wentworth DSB · 900 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 41% met the provincial standard

  • Immaculate Heart of Mary Catholic Elementary School2.4 km

    Catholic · Hamilton-Wentworth CDSB · 345 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 61% met the provincial standard

Secondary

  • Orchard Park Secondary School4.9 km

    Public · Hamilton-Wentworth DSB · 1070 students

    Grade 10 literacy: 85% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L8E

Population
41,927
Private dwellings
15,736
Median age
41.2
Average household size
2.7
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Vacant Land in Stoney Creek · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of vacant land properties in Stoney Creek over the last 12 months.

Walk Score

35

Walk

0

Transit

35

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$159,980

Estimated Monthly Payment

$3,930

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,930/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $200/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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