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657 King Street E Hamilton, Ontario L8N 1E5

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. 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:50584)

Property Details

MLS® Number 40677424
Property Type Single Family
Neigbourhood The Delta
AmenitiesNearBy Public Transit
Features Southern Exposure, Corner Site, Balcony, Laundry- Coin Operated
ParkingSpaceTotal 15

Building

Appliances Dryer, Water Meter, Gas Stove(s)
ArchitecturalStyle 3 Level
BasementType None
ConstructionStyleAttachment Attached
CoolingType None
ExteriorFinish Brick
HeatingType Hot Water Radiator Heat
StoriesTotal 3
Type Apartment
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 110 Ft
SizeFrontage 49 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Toc1

Rooms

Level Type Dimensions

https://www.realtor.ca/real-estate/27648726/657-king-street-e-hamilton


Youming Zhao
Salesperson

(905) 807-9368
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