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. (id:13843)
| MLS # | X13232196 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 142 |
| Listing Provided By | Strive Realty Ltd. | John Haze |
| Zoning | ND-1 & R1 |
|---|---|
| Acreage | 1.08 |
| Fireplace Yes / No | No |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 14473 |
|---|
| Province | ON |
|---|---|
| City | Hamilton (Lakeshore) |
| Postal Code | L8E5B9 |
| Listing VS Median (in L8E5B9) | |
Price: $4,300,000 low | high Med: $584,990 On site: 142 low | high Med: 4 | |
| Province | ON |
|---|---|
| City | Hamilton (Lakeshore) |
| Postal Code | L8E5B9 |
| Listing VS Median (in L8E5B9) | |
Price: $4,300,000 low | high Med: $584,990 On site: 142 low | high Med: 4 | |