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$1,089,900
Hamilton
1260 HIGHWAY 8, Hamilton (Winona), Ontario, L8E5Y3
This retail property in Hamilton is for sale offering roughly 4,379 sq ft of space. It has been on the market 25 days, fresher than the Hamilton average of 38 days.
Rare mixed-use commercial opportunity in the heart of Winona! Situated on an impressive 79.99 ft x 201.47 ft lot with excellent Highway 8 exposure and plenty of parking for any business, this C2-zoned property offers a commercial storefront, residential living space, additional finished areas, on-site parking potential, and multiple paths for future value. The main commercial area is currently being used for business/retail purposes and offers an excellent opportunity for an owner-user, investor, or business operator looking for visibility in a growing Stoney Creek corridor. The property also includes residential living space, separate kitchen/bathroom areas, and additional finished vacant spaces, creating a compelling live/work-style opportunity for the right buyer. The current business is moving, and the property is to be sold with vacant possession, giving the next owner flexibility to operate, lease, reconfigure, or reposition the property. For buyers with a longer-term vision, the generous lot size, Highway 8 frontage, C2 zoning, and surrounding growth may also present a potential redevelopment opportunity to demolish the existing structure and explore a new purpose-built commercial, residential, or mixed-use building, subject to zoning, planning, servicing, parking, building permits, and all required approvals. A unique offering for buyers seeking exposure, flexibility, and long-term upside in the Winona/Stoney Creek market. RSA. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 25 days on market, against an average age of 38 days across the listings currently for sale in this city
This retail in Hamilton (Winona) has been listed for 25 days, which is 13 days fresher than the city average of 38. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,089,900, about 12.0× the local median household income of $91,000.
Carrying it typically needs a household income of about $212,896 (20% down, 25-yr amortization, stress-tested) — roughly 134% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8E)
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