$1,089,900
Stoney Creek
1260 HIGHWAY 8, Stoney Creek, Ontario, L8E5Y3
This 4-bedroom, 3-bathroom home in Stoney Creek is for sale offering roughly 4,379 sq ft of space. It has been on the market 29 days, fresher than the Stoney Creek average of 62 days.
Unique live/work-style opportunity in desirable Winona! Set on a generous 79.99 ft x 201.47 ft lot along Highway 8, this spacious mixed-use property with plenty of parking offers a rare combination of residential living space, commercial storefront potential, additional finished areas, and future upside for buyers looking for more than a traditional home. The property is currently being used as a combination residential/commercial property, with a storefront/business area, an owner-occupied residential living area, and additional vacant finished spaces with kitchen/bathroom configurations. The current business is moving, and the property is to be sold with vacant possession, giving the next owner flexibility to occupy, renovate, lease, or reimagine the property. This could be an excellent fit for a small business owner looking to live and work from the same property, a buyer needing space for extended family or private work areas, or an investor looking to add value by maximizing the property’s potential through additional rental income, reconfiguration, or future unit creation, subject to buyer’s review and satisfaction and all required approvals. The C2 zoning may allow for a variety of commercial uses in conjunction with residential use, making this an especially unique opportunity in the growing Winona corridor. Conveniently located with access to Highway 8, Fifty Road, Barton Street, the QEW, local shops, services, schools, and surrounding residential communities. A rare property with space, exposure, flexibility, and live/work potential. RSA (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 29 days on market, against an average age of 62 days across the listings currently for sale in this city
This 4-bed single family in Stoney Creek has been listed for 29 days, which is 33 days fresher than the city average of 62. 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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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.