Land Commercial Building for Sale

MLS# H4138607 Price: $12,500,000



Together with 40, 34, 30, 24 & 16 Mill St. Invest in Land & Invest in your future! Four parcels of land being sold together. Total of 1.7 acres with large frontage on Mill St. N. These prime lots in the heart of downtown Waterdown can potentially be developed into townhomes or mid-rise live and work apartments. All parcels are C5A zoned to allow mix use medium density development with pedestrian focus. They are also under the new 05-200 zoning by-law that permits 22 meters height (72 feet) development. Located on the edge of the Niagara Escarpment, the Waterdown area in Hamilton is currently undergoing many planning initiatives and is greatly expanding. This commuter friendly location is close to major highways, GO station, conservation areas, community center, library, shopping plazas and more. The historic building on one of the properties could make a grand entrance lobby and Grindstone Creek could be overlooked by charming rooftop terraces 3D virtual tour attached to virtually walk the lot (can be viewed with or without VR glasses) Buyer to do own due diligence regarding Development and associate cost. Use: Mix use medium density development with pedestrian focus.

What's your Walk Score? 81 Very Walkable

Property Details: 16 Mill Street N (near Dundas Street East )
Listing# 8401


Location

Address 16 Mill Street N
City Waterdown
Cross Streets Dundas Street East
District Waterdown (46)
Neighbourhood Waterdown West (460)

Description

Sub Type Land Price $ 12,500,000
Lease Rate Per For Sale LotSize 176.94 ft x 64.83 ft x 176.32 ft x 47.19 ft
Location Waterdown Heating None
Square Footage 168888 Taxes 0

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.

Testimonials

  Marion is absolutely my preferred realtor – especially for boomers and seniors when aging may require extra care and understanding. As a seniors-accredited realtor she also represents a unique and key approach, Sell N Stay, allowing seniors to retain the comfort of their home while obtaining the full equity value (and simplifying family estate). Many of my friends are realtors and I fully respect them. Marion goes over and above, providing highest care, attention, and diligence for all her clients and their families.

Brian and Virginia, Waterdown

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