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1247 OLD HIGHWAY 8

1247 OLD HIGHWAY 8

Hamilton, Ontario

1,568 sqft • Other

$808,000

An exceptional opportunity to acquire commercially zoned land in the heart of Sheffield, Ontario. Situated along a high-visibility stretch of Old Highway 8, this expansive parcel offers flexible industrial/commercial zoning, making it ideal for a wide range of uses including warehousing, contractor yard, light manufacturing, equipment storage, or future development. The property benefits from excellent road frontage and easy access to nearby transportation routes, including Highway 401 and Highway 8, connecting Cambridge, Hamilton, and the wider Golden Horseshoe region. With limited industrial land inventory in the area, this site presents strong long-term investment potential or a perfect location for an owner-user seeking room to grow.

Price History

Community

Postal area L0R

Population
83,602
Private dwellings
29,717
Median age
40.8
Average household size
2.8
Median household income
$110,000

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

Other in Hamilton · last 12 months

Median sold price
$682,825
Homes sold
4,992
Median days on market
27
Sale-to-list price
97.1%

Based on 4,992 recorded sales of other properties in Hamilton over the last 12 months.

Walk Score

17

Walk

0

Transit

29

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$161,600

Estimated Monthly Payment

$3,969

Investment Analysis

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

Mortgage: $3,969/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $202/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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