1247 OLD HIGHWAY NORTHWEST 8
Cornerstone · L0R1Z0
$808,000
About this residence
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. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 3 (3 above)
- Bathrooms
- 2
- Storeys
- 1
- Living area
- 1,372 sq ft
- Frontage
- 124 feet
- Parking
- 8 spaces
- Annual tax
- $5,049
- MLS®
- 40818722
- Board
- Cornerstone
- Status
- Active
- Listed
- Apr 8, 2026
- Updated
- Jul 13, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Basement | 27'2'' x 22'9'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 7'2'' x 24'2'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 10'11'' x 10'5'' |
| Primary Bedroom | Main level | 16'7'' x 10'10'' |
| Dining room | Main level | 13'5'' x 13'5'' |
| Kitchen | Main level | 10'7'' x 13'5'' |
| Living room | Main level | 25'2'' x 13'10'' |
Features & finishes
Heating
- Forced air
- Natural gas
Cooling
- Window air conditioner
Basement
- Full
- Unfinished
Exterior
- Aluminum siding
- Vinyl siding
- Brick Veneer
Parking
- Attached Garage
Lot
- Sump Pump
- Country residential
Sewer & Utilities
- Septic System
Community
- Community Centre
Financing
Estimated monthly payment
$3,779/mo
Loan amount
$646,400
Down payment
$161,600
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · L0R- 83,602
- Population
- 41
- Median age
- $110,000
- Median income
- $750,000
- Median home value
- 88%
- Home ownership
- 29 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1247 OLD HIGHWAY NORTHWEST 8?
1247 OLD HIGHWAY NORTHWEST 8 is listed for $808,000, in Cornerstone.
How many bedrooms and bathrooms does 1247 OLD HIGHWAY NORTHWEST 8 have?
It offers 3 bedrooms and 2 bathrooms.
What type of home is 1247 OLD HIGHWAY NORTHWEST 8?
1247 OLD HIGHWAY NORTHWEST 8 is a Single Family, House set over 1 storey.
How large is 1247 OLD HIGHWAY NORTHWEST 8?
The home offers approximately 1,372 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,779. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,049 per year.
Is there parking?
Yes — 1247 OLD HIGHWAY NORTHWEST 8 includes 8 parking spaces.
What is the Cornerstone area like?
Cornerstone has a population of about 83,602, a median age of 41, a 88% home-ownership rate, with an average commute of about 29 minutes.
What is the average home value in Cornerstone?
The median dwelling value in this area is approximately $750,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $110,000.
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