Opportunity Knocks! This lakeside development project is ready for its owner with powerful lending support offered for a suitable buyer. This package consists of three parcels sold together totaling 1.376 acres, 2 road access points and a high density outlook. 2023 proposal for 16 storey\ 220 residential units appraised at a completed value estimate of 155m and as is value 6.28m. Seller will hold mortgage at attractive rates subject to approval. Bank this property now with strong lending and benefit later as the market restarts. The area consists of property on millen on east side bounded by cherry beach and north service road. Some properties are tenanted do not walk the property without an appointment and do not attempt to enter dwellings.
Features & Amenities
Sewer: Sanitary+Storm
Property Details
Property Type
Commercial
Property Sub-Type
Land
Sewer
Sanitary+Storm
Annual Tax
$14,473
Tax Year
2025
Building & Construction
Building Area Total
1.082
Lot & Land
Lot Size Units
Feet
Lot Depth
190.44
Lot Width
245.01
Financial & Tax
Tax Annual Amount
$14,473
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD
Utilities & Services
Sewer
Sanitary+Storm
Utilities
Yes
Additional Details
Occupant Type
Tenant
County Or Parish
Hamilton
Cross Street
Millen & N. Service Rd
Directions
North on Millen Rd, East on Shoreview Pl
Showing Requirements
See Brokerage Remarks
Location
0, 468 & 474 Millen Road, Hamilton, ON L8E 5B9, Hamilton, ON, L8E 5B9
Listing courtesy ofStrive Realty Ltd.
Out believe has request not how comfort evident. Up delight cousins we feeling minutes genius.