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1260 Highway 8
homes for sale · Stoney Creek · Winona
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$1,089,900

1260 Highway 8

Winona, Stoney Creek · MLS® 40869152

4312

4,379 sq ft · House · Single Family · 17 days on market

listed by Tiffany Funke, RE/MAX Escarpment Realty Inc.

realtor's description

Unique live/work-style opportunity in desirable Winona! Set on a generous 79.99 ft x 201.47 ft lot along Highway 8, this spacious mixed-use property with plenty of parking offers a rare combination of residential living space, commercial storefront potential, additional finished areas, and future upside for buyers looking for more than a traditional home. The property is currently being used as a combination residential/commercial property, with a storefront/business area, an owner-occupied residential living area, and additional vacant finished spaces with kitchen/bathroom configurations. The current business is moving, and the property is to be sold with vacant possession, giving the next owner flexibility to occupy, renovate, lease, or reimagine the property. This could be an excellent fit for a small business owner looking to live and work from the same property, a buyer needing space for extended family or private work areas, or an investor looking to add value by maximizing the property’s potential through additional rental income, reconfiguration, or future unit creation, subject to buyer’s review and satisfaction and all required approvals. The C2 zoning may allow for a variety of commercial uses in conjunction with residential use, making this an especially unique opportunity in the growing Winona corridor. Conveniently located with access to Highway 8, Fifty Road, Barton Street, the QEW, local shops, services, schools, and surrounding residential communities. A rare property with space, exposure, flexibility, and live/work potential. RSA

property details

type
House, Single Family
bedrooms
4
bathrooms
3
living area
4,379 sq ft
parking
12
property tax
$7,682 / yr
days on market
17
MLS®
40869152

features

  • High Traffic Area
  • Washer
  • Refrigerator
  • Central Vacuum
  • Stove
  • Dryer

monthly cost

$5,389/mo
Mortgage $4,749 · Tax $640

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,749/ monthly
loan $871,920
25-year amortization
total interest
$552,657
cash to close
$217,980
down payment; transfer tax and fees not included
total paid
$1,424,577

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Winona, Stoney CreekGoogle Maps ↗

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listed by
Tiffany Funke
RE/MAX Escarpment Realty Inc.
call Tiffany · 905-531-1631
Powered by: REALTOR.ca

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location

Winona, Stoney CreekGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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