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663 King Street E Hamilton, Ontario L8N 1E5

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. 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 40677430
Property Type Multi-family
Neigbourhood Beasley
AmenitiesNearBy Public Transit
Features Laundry- Coin Operated
ParkingSpaceTotal 14

Building

Appliances Microwave Built-in
BasementDevelopment Unfinished
BasementType Full (unfinished)
CoolingType None
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Baseboard Heaters
StoriesTotal 3
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 110 Ft
SizeFrontage 25 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Toc1

https://www.realtor.ca/real-estate/27648735/663-king-street-e-hamilton


Youming Zhao
Salesperson

(905) 807-9368
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