657 King St E, Hamilton MLS Number: X10423397
Landsdale, Hamilton, ON, L8N 1E5$2,000,000
Status: For Sale
- 9+ Beds
- 5 Baths
- Property Type: Residential (Detached)
- Property Taxes : $6500.00 (Tax Year:2024)
- Listing Courtesy : Right At Home Realty
Maximum 4 project can be compared at one go.
$2,000,000
Status: For Sale
Hamilton's downtown is thriving, often compared to Brooklyns vibrant resurgence! Investors looking for high rental income and a landmark development opportunity will find it at 657, 659, and 663 King Street East, Hamilton, three properties being sold together. Zoned TOC1, these sites offer potential for a 12-story mixed-use commercial and residential project featuring 64 luxury condos. Located just 100 meters from a planned LRT station, the combined land parcel spans approximately 8,102 square feet on bustling King Street/Wentworth Street, with 74.9 feet of frontage, 110 feet of depth, and a convenient rear exit. This site is ideal for luxury condos, senior-friendly housing, student accommodations, or a bar and restaurant to meet strong market demand. Currently, the buildings include 16 apartments and a popular bar on the main floor. Buyers are encouraged to conduct due diligence regarding zoning, usage, and development potential, as the properties are sold as-is. Viewings are by appointment only. The listing price is negotiable, and the seller is open to a Vendor Take-Back mortgage, temporary property management post-sale, and development consulting. Don't miss out on this prime investment opportunity in Hamilton's dynamic downtown!
Price | : $2,000,000 |
---|---|
Property Taxes | :$6500.00 |
Tax Year | :2024 |
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Bedrooms | :9 + |
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No. of Rooms | :20 |
Air Conditioning | :None |
Heating | :Forced Air |
Place of Worship | :No |
Cross Street | :King Street /Wentworth |
Bathrooms | :5 |
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Fuel | :Gas |
Exterior Finish | :Brick Front |
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Parking Space | :15 |
Basement | :Other |
Garage | :None |
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13 Nov, 2024
TREB #X10423397
Listed
$2000000.0