Hamilton, ON L8N 1E5,663 King ST E
Hamilton, ON L8N 1E5,663 King ST E
Hamilton, ON L8N 1E5,663 King ST E
Hamilton, ON L8N 1E5,663 King ST E
Hamilton, ON L8N 1E5,663 King ST E
Hamilton, ON L8N 1E5,663 King ST E
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$ 2,000,000
Est. payment | /mo

9 Beds

6 Baths


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$ 2,000,000
Est. payment | /mo
Save

9 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10423388

Style 3-Storey

Bedrooms 9

Annual Tax Amount $6,500

Tax Year 2024

Property Description

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, 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 dynamic downtown!

Location

Province ON

County Hamilton

Community Landsdale

Area Hamilton

Region Landsdale

City Region Landsdale

Rooms

Family Room No

Basement Unfinished

Kitchen 5

Interior

Interior Features Upgraded Insulation

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Front Yard Parking

Garage Spaces 15.0

Pool None

Waterfront Description None

Roof Type Flat

Lot Depth 110.0

Total Parking Spaces 15

Building

Foundation Concrete Block

Listed by RIGHT AT HOME REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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663 King ST E