657 King ST E new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 1E5
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10423397
Style 3-Storey
Bedrooms 9
Annual Tax Amount $6,500
Tax Year 2024
Property Description
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!
Location
Province ON
County Hamilton
Area Landsdale
Rooms
Family Room No
Kitchen 6
Interior
Cooling None
Exterior
Garage Front Yard Parking
Garage Spaces 15.0
Pool None
Waterfront No
Roof Type Flat
Building
Foundation Concrete