Lakeshore · L8E 5B9
$4,300,000
$91 / sq ft3 months on market
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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 87% of comparable vacant land listings in Hamilton are asking less.
Based on 95 comparable active vacant land listings in Hamilton. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $4,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Strive Realty Ltd.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.