542 HIGHWAY 8
Stoney Creek, Ontario
6,513 sqft • Retail
Rare investment opportunity in the heart of Stoney Creek! Positioned near a high-visibility, very busy intersection with impressive frontage on high-traffic Highway 8, this premier commercial automotive hub at 542-548 Highway 8 offers an exceptional turnkey asset with significant future development upside. The property features a diversified mix of 9 established professional tenancies under a net lease structure, offering excellent local synergy close to businesses and established residential neighborhoods. A clean Phase I Environmental Site Assessment was completed in May 2026. Logistically prime, the site is just a short drive to the QEW and major highway networks, making it highly accessible for customers and ideal for future transit-oriented uses. Under current C2 – Commercial zoning, preliminary architectural visions explore the potential for a landmark 6-story mid-rise development, conceptually designed for ground-floor retail and up to 106 residential units. Fully serviced by municipal water and sanitary systems, this is a versatile asset in one of Hamilton’s most sought-after commercial corridors.
Price History
Property
- Lot Size
- 0.94 acres
Schools
Elementary
- St. Clare of Assisi Catholic Elementary School0.2 km
Catholic · Hamilton-Wentworth CDSB · 320 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 62% met the provincial standard
- Our Lady of Peace Catholic Elementary School0.7 km
Catholic · Hamilton-Wentworth CDSB · 325 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 50% met the provincial standard
- South Meadow Public School1.3 km
Public · Hamilton-Wentworth DSB · 590 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 35% met the provincial standard
Secondary
- Orchard Park Secondary School0.3 km
Public · Hamilton-Wentworth DSB · 1070 students
Grade 10 literacy: 85% met the provincial standard
- St. John Henry Newman Catholic Secondary School2.8 km
Catholic · Hamilton-Wentworth CDSB · 1640 students
Grade 10 literacy: 90% 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 L8G
- Population
- 21,805
- Private dwellings
- 9,518
- Median age
- 50.8
- Average household size
- 2.3
- Median household income
- $77,000
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
Retail 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 retail properties in Stoney Creek over the last 12 months.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$999,970
Estimated Monthly Payment
$24,563
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $24,563/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $1,250/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?