Land · For sale

0, 468 & 474 Millen Road, Hamilton

$4,300,000

Listing brokerage: Strive Realty Ltd. · MLS® X13232196

Listing brokerage

Strive Realty Ltd.

Type

Land

Deal

For sale

Category

Land · Commercial and industrial land

Size

1.082 sq ft

Lot

245.01 x 190.44 ft

Area

Lakeshore

MLS® number

X13232196

Description

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.