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Investment signal

$2,295,000

374 HIGHWAY 8

Beds

9

Baths

6

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Luxury Meets Investment Potential in the Heart of Stoney Creek Welcome to this under-2-year-old custom-built showpiece offering approx. 5,800 sq ft of total living space and exceptional income potential. This fully legal duplex features 5self-contained units, each with private entrances and kitchens, generating $11,200/month in rental income-all units currently tenanted under contract. Designed for both lifestyle and cash flow, this property is ideal for investors or end-users looking to live in one unit while earning strong passive income. The main and second levels each offer spacious 3-bedroom suites with open-concept layouts, soaring ceilings, engineered hardwood flooring, and high-end finishes. The second floor also features a wraparound veranda and private balcony. The third-floor unit provides a stylish studio retreat with rooftop access and breathtaking views. The lower level is fully optimized with 2 separate units-a 2-bedroom suite and a self-contained studio, maximizing rental flexibility and income potential. Situated on a premium lot with a 1.5-car garage and parking for up to 10 vehicles, plus a large concrete patio and fenced yard. Located on a main road with easy access to transit, shopping, schools, and amenities, all while enjoying stunning escarpment views. A rare turnkey opportunity offering scale, style, and serious income. Live richly. Earn passively. Own with pride. (id:65958)

Subtype
Multi-family
Structure
Other
Community
Stoney Creek
Lot dimensions
51.2 x 170.9 FT
Bedrooms
7 above grade, 2 below grade
Parking
11 total
Stories
3
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$4,022.4
Photos
49
MLS#
X12992486
Area
HAMILTON_(STONEY_CREEK)

Features and systems

Parking

Detached GarageGarage

Basement

Apartment in basementSeparate entranceN/AN/A

Appliances

WasherGas stove(s)DishwasherDryerWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Stucco

Foundation

BlockConcrete

Lot

Conservation/green belt

Community

School Bus

Security

Smoke Detectors
Negative cash flow ~$4,363/mo at these assumptions

Cash on cash

-11.41%

Cap rate

3.61%

GRM

16.7

Break-even rent

$16,068

Financing

Down payment$459,000
Loan amount$1,836,000
Mortgage$11,264/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,052
Insurance$80
Maintenance$1,913
CapEx reserve$956
Vacancy loss$574

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton (Stoney Creek). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $11,264/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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