About This Property

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.

Building & Size

Building Area

1.082 Acres

Property Sub-Type

Land

Property Use

Designated

Location

Cross Street

Millen & N. Service Rd

Entry Direction

North on Millen Rd, East on Shoreview Pl

City

Hamilton

Neighbourhood

Lakeshore

County / Region

Hamilton

Province

ON

Postal Code

L8E 5B9

Country

CA

Lot

Lot Width (ft)

245.01

Lot Depth (ft)

190.44

Lot Type

Lot

Interior & Systems

Utilities

Yes

Sewer

Sanitary+Storm

Lease & Financials

Transaction Type

For Sale

Occupant

Tenant

Possession

Flexible

Possession Details

TBD

HST

In Addition To

Annual Tax (TMI)

$14,473.00

Tax Type

Annual

Tax Year

2025

Listing Info

MLS Status

New

Contract Status

Available

Listed By

Strive Realty Ltd.

Board

Central Lakes Association of REALTORS

Showing Requirements

See Brokerage Remarks

Listing Expiry

2026-10-03