None
Baseboard Heaters
$2,000,000
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, Hamilton—two 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! (id:56248)
Property Details
MLS® Number
|
40677430 |
Property Type
|
Multi-family |
Neigbourhood
|
Beasley |
Amenities Near By
|
Public Transit |
Features
|
Laundry- Coin Operated |
Parking Space Total
|
14 |
Building
Appliances
|
Microwave Built-in |
Basement Development
|
Unfinished |
Basement Type
|
Full (unfinished) |
Cooling Type
|
None |
Exterior Finish
|
Brick |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Baseboard Heaters |
Stories Total
|
3 |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit |
Sewer
|
Municipal Sewage System |
Size Depth
|
110 Ft |
Size Frontage
|
25 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
Toc1 |
https://www.realtor.ca/real-estate/27648735/663-king-street-e-hamilton