ON > Hamilton
Hamilton, ON L8N 1C1,323 King ST E
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Hamilton, ON L8N 1C1,323 King ST E
Hamilton, ON L8N 1C1,323 King ST E
Hamilton, ON L8N 1C1,323 King ST E
Hamilton, ON L8N 1C1,323 King ST E
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,999,000
Est. payment /mo
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Active

323 King ST E Hamilton, ON L8N 1C1

10,242 SqFt

UPDATED:

10/10/2024 04:43 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,242 sqft

Price per Sqft $195

MLS Listing ID X9390970

Annual Tax Amount $23,921

Tax Year 2024

Property Description

Fantastic construction-ready residential conversion! Permits are complete and set to be issued pending payment of fees! If you're looking for a profitable redevelopment project that is truly hammer-ready, this is it. Plans include retaining main floor commercial while developing 8 new residential units (5 X 2-bed, 3 X 1-bed). Take it a step further by dividing the main floor into smaller units for a higher PSF lease value. Situated steps from a future LRT station, this building has significant cashflow and appreciation value. If development isn't your thing, the existing structure is ready to lease in its current state as offices, retail, hospitality, etc. thanks to generous D2 zoning! Tremendous potential for investors, end-users, and developers alike. Clean Phase 1 Environmental on-hand. Plans, proforma, and additional information available upon request. This amount of usable square footage is incredibly rare on the LRT route. Don't miss this remarkable opportunity!

Location

Province ON

County Hamilton

Community Public Transit

Area Beasley

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Yes

Parking Type None

Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA

Jethro Seymour

Broker

+1(416) 712-0767

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323 King ST E

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