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.
| MLS # | X13232196 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 82 |
| Listing Provided By | Strive Realty Ltd. | X13232196 10003300 |
| SQ Feet | 47,131 |
|---|---|
| Acreage | 1.08 |
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
| Tax Annual Amount | 14473 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 18, CON BROKEN FRONT SALTFLEET, PART 1, 62R12856 EXCEPT PT 3 62R22253; S/T VM216190; STONEY CREEK; CITY OF HAMILTON and PT LT 18, CON BROKEN FRONT SALTFLEET, PART 1, 62R2452 EXCEPT PTS 1 & 2 62R22253; STONEY CREEK; CITY OF HAMILTON SUBJECT TO AN EASEMENT OVER PART 3 PLAN 62R13426 AS IN LT441785 |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8E 5B9 |
| Area | Lakeshore |
| Listing VS Median (in L8E 5B9) | |
Price: $4,300,000 low | high Med: $4,300,000 sqft: 47,131 low | high Med: 47,131 $ / sqft: $91 low | high Med: $91 On site: 82 low | high Med: 82 | |
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8E 5B9 |
| Area | Lakeshore |
| Listing VS Median (in L8E 5B9) | |
Price: $4,300,000 low | high Med: $4,300,000 sqft: 47,131 low | high Med: 47,131 $ / sqft: $91 low | high Med: $91 On site: 82 low | high Med: 82 | |