Home with vinyl exterior material, unknown for 1247 Old 8 Hwy, Hamilton Ontario L0R 1Z0
20 days on Market

1247 Old 8 Hwy, Hamilton, Ontario L0R 1Z0

Other
-
-
~1568 sqft
$849,000
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Other
-
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~1568 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$541/sqft

Monthly cost

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CMA Subject Property

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+67

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

Description

An exceptional opportunity to acquire commercially zoned land in the heart of Sheffield, Ontario. Situated along a high-visibility stretch of Old Highway 8, this expansive parcel offers flexible industrial/commercial zoning, making it ideal for a wide range of uses including warehousing, contractor yard, light manufacturing, equipment storage, or future development. The property benefits from excellent road frontage and easy access to nearby transportation routes, including Highway 401 and Highway 8, connecting Cambridge, Hamilton, and the wider Golden Horseshoe region. With limited industrial land inventory in the area, this site presents strong long-term investment potential or a perfect location for an owner-user seeking room to grow.


Property Details

StyleCommercial Sale
View-
Age of property-
SqFt~1568 SqFt
Lot Size18,792 SqFt(216 x 87)
Parking Spaces-
MLS ®Number40747273
Community NameFlamborough
Data SourceITSO
Listing byReal Broker Ontario Ltd.

Features

Basement: Full

Features

Lot size: 18,792 SqFt
Septic Tank

Property History

Jul 2, 2025
Listed for
$849,000
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Listed
$•••,•••
20 days on market
history photo preview32
Listing by itso®

Market Data - Flamborough

Geo Zone Map ThumbnailFlamborough

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2024

46 days

2023

25 days

2022

16 days

New Listings

Past 30 days

156 listings

Compared to

2024

205 listings

2023

145 listings

2022

156 listings

Units sold

Past 30 days

63 units

Compared to

2024

67 units

2023

87 units

2022

60 units

Median Sold Price

Past 30 days

$1,010,000

Compared to

2024

$1,075,000

2023

$935,000

2022

$1,075,000


Population and Demographics

Overview

Total population 46428
Average household income $164,302

Age (%)

0 to 19
24%
20 to 34
17%
35 to 49
20%
50 to 64
23%
65 and plus
17%

Household composition (%)

Single family
80%
Single person
17%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
89%
Others
9%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget