657 King Street E, Hamilton, Ontario L8N 1E5 (27648726)

LOADING

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. 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:59911)

Property Details

MLS® Number	40677424
Property Type	Single Family
Neigbourhood	The Delta
Amenities Near By	Public Transit
Features	Southern Exposure, Corner Site, Balcony, Laundry- Coin Operated
Parking Space Total	15

Building

Appliances	Dryer, Water Meter, Gas Stove(s)
Architectural Style	3 Level
Basement Type	None
Construction Style Attachment	Attached
Cooling Type	None
Exterior Finish	Brick
Heating Type	Hot Water Radiator Heat
Stories Total	3
Type	Apartment
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Sewer	Sanitary Sewer
Size Depth	110 Ft
Size Frontage	49 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	Toc1