ON > Hamilton
Hamilton, ON L8N 1E5,657 King ST E
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Hamilton, ON L8N 1E5,657 King ST E
Hamilton, ON L8N 1E5,657 King ST E
Hamilton, ON L8N 1E5,657 King ST E
Hamilton, ON L8N 1E5,657 King ST E
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 2,000,000
Est. payment /mo
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657 King ST E Hamilton, ON L8N 1E5

9 Beds

5 Baths

UPDATED:

11/14/2024 03:26 AM

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

Basement Other

Kitchen 6

Interior

Interior Features Storage

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Front Yard Parking

Garage Spaces 15.0

Pool None

Waterfront No

Roof Type Flat

Parking Type None

Total Parking Spaces 15

Building

Foundation Concrete

Listed by RIGHT AT HOME REALTY

Jethro Seymour

Broker

+1(416) 712-0767

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657 King ST E

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