9 Beds 5 Bath

657 King Street, Hamilton, ON L8N 1E5

Hamilton L8N 1E5 Ontario

MLS: X10423397

$2,000,000

Added 117 days ago | For Sale

Listed by: RIGHT AT HOME REALTY

About Property

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 ,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!

Features

  • House Style:Detached
  • Bathrooms:5
  • Land Size: 50 X 110
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:King Street /Wentworth
  • Basement:Other , Other
  • Possession Date:60 days
  • Annual Property taxes: $6500
  • Bedrooms:9
  • Total Parking Spaces:15
  • Parking Places:15
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X10423397

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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