$1,650,000 - 333 Mcneilly Road, Hamilton
Commercial for Sale in Hamilton
65 days on marketNeighbourhood: Stoney Creek Industrial
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- MLS Number
- X13631794
- Property Type
- Commercial
- Status
- active
- Days on Site
- 65
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $9,474
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to 333 McNeilly Road, Stoney Creek-a unique property offering the perfect combination of comfortable family living and outstanding business opportunities. This well-maintained home features over 2,300 sq. ft. of living space with 5 spacious bedrooms, 2.5 bathrooms, generous living and dining areas, plus the potential for a separate basement entrance with an in-law suite. Also included is an approximately 2,500 sq. ft. hobby/workshop, ideal for a variety of personal or business uses. Situated on a 0.47-acre lot in a highly desirable M3 Industrial Zone, the property is serviced by natural gas, municipal water and sewer, with 3-phase power available at the road frontage. Conveniently located just minutes from the QEW, shopping, restaurants, banking, grocery stores, and the future GO Station, this location provides outstanding access throughout the Greater Toronto Area and to the U.S. border. The versatile M3 zoning offers exceptional potential for a wide range of permitted industrial and commercial uses (buyer to verify), including warehousing, food processing, manufacturing, contractor operations, wholesale businesses, offices, service commercial uses, greenhouse-related operations, and more. Whether you're looking for a place to live, operate your business, invest, or redevelop for future potential, this is a rare opportunity to own a highly versatile property in one of Stoney Creek's most strategic industrial locations.
Estimate your monthly payments for this property
Estimated Payment
$7,298.51/mo
5-yr fixed avg.
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.
Discover Stoney Creek Industrial
Stoney Creek Industrial 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 Stoney Creek Industrial
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Stoney Creek Industrial 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.
333 Mcneilly Road, Hamilton
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
Commercial property values in Hamilton are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Extended Exposure — Negotiating Room
At 65 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Hamilton transactions.