9 Bedroom
6 Bathroom
Forced Air
$2,000,000
Hamilton 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 dynamic downtown! (id:50976)
Property Details
MLS® Number
|
X10423388 |
Property Type
|
Multi-family |
Community Name
|
Landsdale |
Parking Space Total
|
15 |
Building
Bathroom Total
|
6 |
Bedrooms Above Ground
|
9 |
Bedrooms Total
|
9 |
Basement Development
|
Unfinished |
Basement Type
|
N/a (unfinished) |
Construction Status
|
Insulation Upgraded |
Exterior Finish
|
Brick Facing |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
3 |
Type
|
Other |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
110 Ft |
Size Frontage
|
25 Ft |
Size Irregular
|
25 X 110 Ft |
Size Total Text
|
25 X 110 Ft |
https://www.realtor.ca/real-estate/27648876/663-king-street-e-hamilton-landsdale-landsdale