542-548 Highway 8, Hamilton, ON L8G 5G2
Stoney Creek · L8G 5G2
$3,999,850
$553 / sq ft1 months on market
- Bathrooms
- 1
- Total area
- 7,227 sf
- Lot
- 160 × 160 ft
What's special
- Reserved/assignd garage
- Yes
About this property
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.
Property details
Property
- Property type
- retail
- Bathrooms
- 1
- Interior size
- 7,227 sq ft
- Lot size
- 160 × 160 ft
- Zoning
- C2
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Reserved/Assignd
- Sewer
- Sanitary
Costs
- List price
- $3,999,850
- Property taxes
- $41,869 / year (2026)
- Price per sq ft
- $553
Listing
- MLS® number
- X13756202
- Status
- For sale
- Listed
- September 8, 2026
- Days on market
- 57
- Last updated
- September 8, 2026
- Listing brokerage
- Royal LePage State Realty Inc.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 96% of comparable retail listings in Hamilton are asking less.
- This home
- $553 / sq ft
- Comparable median
- $232 / sq ft
Based on 95 comparable active retail listings in Hamilton. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $17,692.69
- Property tax (est.)
- $3,489.08
- Estimated monthly
- $21,182
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $86,471
- Total due on closing
- $86,471
An estimate on the asking price of $3,999,850. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Royal LePage State Realty Inc.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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