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Property Type: Other
232 EIGHTH ROAD E
Hamilton, ON L8J3M2
MLS® X13845044
$2,990,000
5 bed4 bath20 parking74 sqft
Property Details
Property & Lot
- Sub-type
- Unknown
- Lot size
- 74 acres
- Frontage
- 1331.6 feet
A1
Ownership & Fees
- Property type
- Other
- Annual property tax
- $13,325.62
Interior
- Fireplace
- None
- Appliances
- Window Coverings
Building
- Water source
- Cistern
- Sewer
- Septic System
Parking
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. (id:63161)
Listing Information
- MLS®
- X13845044
- Data last synced
- October 23, 2026
Re/Max Hallmark Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Hallmark Realty Ltd.
MLS® Number: X13845044
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of The Oakville, Milton & District Real Estate Board.
Values & Trends
This listing
$40,405/sqft
Building average
—
No other active listings in this building
Rural Stoney Creek average
—
No comparable active listings
Parking: 20 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Burlington
10°C
—
Humidity 94%
Wind WSW calm km/h
Tonight
5°
Thursday
21°
Thursday night
7°
Friday
14°
Friday night
2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
580,412
(2021 Census)
+5.9% since 2016
Density:
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($598,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$2,392,000.00
Periodic payment — Principal & Interest (monthly)$15,432.37
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,114.47
Total monthly cost$16,546.84
Interest paid over 5-yr term$685,554.08
Balance at end of term$2,151,611.74
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$598,000
Stress test qualifying rate8.19%
Payment you must qualify for$18,546.95
Cash Needed at Closing
Minimum down payment$598,000
Estimated Land Transfer Tax (LTT)$61,225
Legal / closing costs (typical estimate)$1,500
Total cash needed$660,725
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.