0, 468 & 474 Millen Road, Hamilton, ON
L8E 5B9
Listed June 3, 2026
About this property
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.
Property Details
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Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 0, 468 & 474 Millen Road — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$860,000 · Minimum $860,000
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One-time costs
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Estimated monthly cost of ownership
$20,226/mo
About $242,712 a year
- $19,020
- $1,206
Cash needed to close
- Down payment (20%)
- $860,000
- Ontario land transfer tax
- $93,975
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $956,475
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
0, 468 & 474 Millen Road, Hamilton, ON
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Last Updated: June 3, 2026
Listing Office: Strive Realty Ltd.
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