$2,000,000
 $10,736 forsale estimated payment Sourced by Back At You

663 King Street E , Hamilton, ON L8N 1E5

Hamilton, ON L8N 1E5

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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

Mls40677430
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Days On Site18
Listing Provided ByRight At Home Realty | Youming Zhao

Features

BasementY
Storys3
ZoningTOC1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
StateON
CountyHamilton
CityHamilton
Zip CodeL8N 1E5
Area14 Hamilton Centre
Subarea141 Lansdale
Community Name141 Lansdale
Listing VS Median (in 141 Lansdale)
Price:
$2,000,000
low | high
Med:
$514,498
100% of Average
On Site:
18
low | high
Med:
36.500000
49.315068493151% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 9:42:36 PM PST