232 Eighth Road, Hamilton

Price: $3,999,000

5 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X12894148

Extraordinary 74-acre countryside estate ideally positioned on the prominent corner of Eighth Road East and Mud Street in Stoney Creek, offering over 3,700 feet of prime main road frontage, this expansive property blends strategic future development and severance possibilities (subject to approvals), and exceptional long-term land banking potential with the immediate enjoyment of refined rural living, featuring two picturesque ponds including one spring-fed, an established pear orchard, a boutique vineyard, and multiple paddocks that create a scenic and versatile agricultural setting. The impressive infrastructure includes a 44' x 80' pole barn with concrete flooring, hydro, a 14' overhead door and a 14' x 31' insulated heated finished room, a 38' x 60' barn, and a 30' x 53' barn complemented by a 14' x 52' on-site gift shop/storefront offering additional income flexibility. The sprawling custom built bungalow offering 6155 sqft living space, built approximately 30 years ago, offers 3+2 bedrooms and 4 bathrooms with a thoughtfully designed layout that includes a gourmet eat-in kitchen with granite countertops and oversized island, breakfast nook, inviting family room with wood stove, 3-season sunroom overlooking the grounds, formal living and dining rooms with hardwood flooring and French doors, main floor laundry, and a private primary suite with walk-in closet and updated 3-piece ensuite with glass-enclosed tiled shower. The fully finished lower level provides an in-law suite complete with bedroom and ensuite, kitchen, recreation room, exercise room, sitting room and additional bedroom, offering exceptional multi-generational living flexibility. An attached double garage, concrete parking pad and long paved driveway complete this rare offering-an exceptional opportunity to secure scale, frontage, infrastructure and future upside in a growing corridor while enjoying the privacy and serenity of country estate living today.

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$3,999,000 - 232 Eighth Road, Hamilton

Detached for Sale in Hamilton

90 days on market
5Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X12894148
Property Type
Detached
Status
active
Days on Site
90
Bedrooms
5
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
Re/Max Hallmark Realty Ltd.
Description

Extraordinary 74-acre countryside estate ideally positioned on the prominent corner of Eighth Road East and Mud Street in Stoney Creek, offering over 3,700 feet of prime main road frontage, this expansive property blends strategic future development and severance possibilities (subject to approvals), and exceptional long-term land banking potential with the immediate enjoyment of refined rural living, featuring two picturesque ponds including one spring-fed, an established pear orchard, a boutique vineyard, and multiple paddocks that create a scenic and versatile agricultural setting. The impressive infrastructure includes a 44' x 80' pole barn with concrete flooring, hydro, a 14' overhead door and a 14' x 31' insulated heated finished room, a 38' x 60' barn, and a 30' x 53' barn complemented by a 14' x 52' on-site gift shop/storefront offering additional income flexibility. The sprawling custom built bungalow offering 6155 sqft living space, built approximately 30 years ago, offers 3+2 bedrooms and 4 bathrooms with a thoughtfully designed layout that includes a gourmet eat-in kitchen with granite countertops and oversized island, breakfast nook, inviting family room with wood stove, 3-season sunroom overlooking the grounds, formal living and dining rooms with hardwood flooring and French doors, main floor laundry, and a private primary suite with walk-in closet and updated 3-piece ensuite with glass-enclosed tiled shower. The fully finished lower level provides an in-law suite complete with bedroom and ensuite, kitchen, recreation room, exercise room, sitting room and additional bedroom, offering exceptional multi-generational living flexibility. An attached double garage, concrete parking pad and long paved driveway complete this rare offering-an exceptional opportunity to secure scale, frontage, infrastructure and future upside in a growing corridor while enjoying the privacy and serenity of country estate living today.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,688.93/mo

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5-yr fixed avg.

Principal: $3,199,200Interest: $2,107,478
Mortgage Amount$3,199,200
Total Interest$2,107,478
Est. Property Tax$2,833/mo
Total Cost$5,306,678

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hamilton

Discover Hamilton

Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hamilton

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

232 Eighth Road, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,833
Insurance (est.)-$833
Net Cash Flow+$784

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1143/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 90 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    MLS# X12894148 — 232 Eighth Road, Hamilton | Battaglia Team