205/209 Highway 8, Stoney Creek: $2,895,000

Details

PRIME DEVELOPMENT OPPORTUNITY: Offering more than 200 ft. of frontage directly onto Highway 8 in Stoney Creek – a major artery with easy access to all amenities including transit, schools, shopping, entertainment, services and even highway access. This is the perfect site for a future multi-residential or mixed-use development with existing mid-rise condos, townhome complexes, commercial, as well many projects already in development along Highway 8. This is also a prime location for purpose built rental units (take advantage of Ontario HST rebate).

205 Highway 8 is currently zoned as R6 (single/semi/duplex/townhomes). It is also shovel ready with plans, permits, and development charges paid for two semi-detached homes with severance potential for an additional two semis.

209 Highway 8 is currently zoned as R6 (single/semi/duplex/townhomes). It has an existing 4-bedroom, 2-storey single family home on the property with an opportunity for severance to build semis or duplexes, or as a row of townhomes.

When combined both properties are almost .7 of an acre with fantastic development opportunity. The price for both properties is: $2,895,000.