Unknown for 365 Hwy 8, Stoney Creek Ontario L8G 1E7
53 days on Market

365 Hwy 8, Stoney Creek, Ontario L8G 1E7

In the same building:
-
Condo
-
-
~165718 sqft
$10,900,000
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Condo
-
-
~165718 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$65/sqft

Est. Mortgage$46,811/mo

Tax Amount (2024)$39,312/yr

Days On Market53 days


Description

Don't miss this exceptional development opportunity in the heart of Stoney Creek! This 1.2-acre parcel is fully designed for a stunning 9-storey, 190-unit mixed-use project, featuring 1 commercial unit, 189 residential units, and underground parking. With SPA expected by Spring 2025 and CMHC construction financing available, this is a prime investment. The package includes 3D aerial views, rendered perspectives, shadow studies, traffic studies, and a clean Phase I & II ESA, ensuring a smooth development process. Asking $10.9M ($57,672/unit). Act now to secure this incredible property!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~165718 SqFt
Lot Size49,142 Ac(350.74 x 140.11)
Parking Spaces-
MLS ®Number40703028
Community NamePoplar Park
Data SourceITSO
Listing byRE/MAX Escarpment Realty Inc.

Features

Heating: Other

Features

Lot size: 49,142 Ac
Sewer (Municipal)

9Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX Escarpment Realty Inc., Brokerage

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Market Data - Poplar Park

Geo Zone Map ThumbnailPoplar Park

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

2023

6 days

2022

5 days

New Listings

Past 30 days

0 listing

Compared to

2024

2 listings

2023

3 listings

2022

5 listings

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

1 unit

2022

4 units

Median Sold Price

Past 30 days

$0

Compared to

2023

$635,000

2022

$842,500


Population and Demographics

Overview

Total population 2670
Average household income $124,580

Age (%)

65 and plus
25%
50 to 64
20%
0 to 19
20%
35 to 49
18%
20 to 34
17%

Household composition (%)

Single family
74%
Single person
22%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
63%
Italian
9%
Punjabi (Panjabi)
7%
Croatian
5%
Serbian
4%
Others
3%
Polish
3%
Urdu
2%

House tenancy (%)

Owners
89%
Renters
11%

Schools and amenities

Estimated Budget