3 Level
None
Hot Water Radiator Heat
$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
|
40677424 |
Property Type
|
Single Family |
Neigbourhood
|
The Delta |
AmenitiesNearBy
|
Public Transit |
Features
|
Southern Exposure, Corner Site, Balcony, Laundry- Coin Operated |
ParkingSpaceTotal
|
15 |
Building
Appliances
|
Dryer, Water Meter, Gas Stove(s) |
ArchitecturalStyle
|
3 Level |
BasementType
|
None |
ConstructionStyleAttachment
|
Attached |
CoolingType
|
None |
ExteriorFinish
|
Brick |
HeatingType
|
Hot Water Radiator Heat |
StoriesTotal
|
3 |
Type
|
Apartment |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Public Transit |
Sewer
|
Sanitary Sewer |
SizeDepth
|
110 Ft |
SizeFrontage
|
49 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
Toc1 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
https://www.realtor.ca/real-estate/27648726/657-king-street-e-hamilton