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    For Sale - 468 & 474 Millen Road, Hamilton, Ontario

    Est payment $24,009/mo
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    Views   1
    Time on Jump  31 day

    AI Summary *

    • Lakeside development project with three parcels totaling 1.376 acres.
    • Two road access points for convenient entry and exit.
    • High density outlook suitable for significant residential development.
    • 2023 proposal includes 16 storey building with 220 residential units.
    • Seller offers mortgage at attractive rates, pending approval.




    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.
    Listing IDX13232196
    Address468 & 474 Millen Road
    CityHamilton, Ontario
    Price$4,999,900
    StyleLand
    TypeVacant Land
    StatusFor Sale

    Subtype LandSewer Sanitary+Storm

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    Listing Agency:  Strive Realty Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    468 & 474 Millen Road
    Hamilton , Ontario
    $4,999,900
    Get more info