657 King Street E , Hamilton, ON L8N 1E5
Hamilton, ON L8N 1E5
Description
Hamilton’s downtown is thriving, often compared to Brooklyn’s vibrant resurgence! Investors looking for high rental income and a landmark development opportunity will find it at 657, 659, and 663 King Street East, Hamiltontwo buildings with three 911 addresses 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!
Details
| MLS# | 40677424 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 67 |
| Listing Provided By | Right At Home Realty | Youming Zhao |
Features
| Zoning | TOC1 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Zip Code | L8N 1E5 |
| Area | 14 Hamilton Centre |
| Subarea | 141 Lansdale |
| Community Name | 141 Lansdale |
| Listing VS Median (in 141 Lansdale) | |
Price: $2,000,000 low | high Med: $499,900 On Site: 67 low | high Med: 44.000000 | |