901 Victoria St N Kitchener, ON

657,659 King St E, Hamilton, Ontario L8N 1E5 (25667818)


LOADING

657,659 King St E Hamilton, Ontario L8N 1E5

Partially Air Conditioned

$3,990,000

Hamilton's downtown development is thriving, drawing comparisons to the vibrant Brooklyn! If you're interested in investing in a property that offers excellent rental cash flow and the potential to become a new downtown landmark, there's a rare opportunity that includes 657, 659, and 663 King Str East in Hamilton (These three must be sold together at asking price $3.99 Million). These properties present the potential for a 12-story mixed-use commercial/residential building with 64 luxurious condominiums under current TOC1 zoning. Conveniently located on the proposed LRT route, the combined land area is approximately 8,102.16 square feet. Positioned on the bustling King Street/Wentworth Street, the properties feature 74.9 feet of frontage, extending 110 feet in depth, and offer a convenient backyard exit route. Currently, the buildings house 16 apartmts and a popular bar on the main floor. Buyers need to conduct their due diligence as it will be sold as-is. The listing prices**** EXTRAS **** and open to the possibility of seller take-back mortgage reflect the seller's motivation for a quick sale, making it an excellent opportunity. Don't miss out on this chance to be a part of Hamilton's thriving downtown development (id:50976)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X6092956
Property Type Multi-family
Community Name Central
Amenities Near By Highway, Public Transit

Building

Cooling Type Partially Air Conditioned
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Irregular Bldg=50 X 110 Ft
Size Total Text Bldg=50 X 110 Ft

https://www.realtor.ca/real-estate/25667818/657659-king-st-e-hamilton-central

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Youming Zhao
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(905) 807-9368
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Right At Home Realty
5111 New Street Unit 104
Burlington, Ontario L7L 1V2

(905) 637-1700

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