9 Bedroom
5 Bathroom
Forced Air
$2,000,000
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, three properties 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:50976)
Property Details
|
MLS® Number
|
X10423397 |
|
Property Type
|
Single Family |
|
Community Name
|
Landsdale |
|
Parking Space Total
|
15 |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
9 |
|
Bedrooms Total
|
9 |
|
Construction Style Attachment
|
Detached |
|
Exterior Finish
|
Brick Facing |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
110 Ft |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
50 X 110 Ft |
|
Size Total Text
|
50 X 110 Ft |
https://www.realtor.ca/real-estate/27648878/657-king-street-e-hamilton-landsdale-landsdale
