663 King Street E, Hamilton, Ontario L8N 1E5 (27648735)

LOADING

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. 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	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