ID 816333

657 KING STREET E, Hamilton, Ontario L8N 1E5

657 KING STREET E, Hamilton, Ontario L8N 1E5

$2,000,000.00

  • 9 bedrooms
  • 5 bathrooms

Hamilton's 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, ... read more

Hamilton's 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's dynamic downtown! (id:25417)

  • Listing ID: X10423397
  • Property Type: Single Family
Property
Ownership: Freehold
Lot Size: 50 by 110 FT
Parking: 15 Spaces
Building
Type: Single Family House
HVAC: Fireplace and Forced Air
Natural Gas
Exterior: Brick Facing
Utilities: Sanitary Sewer
Location
City: Hamilton
Province: Ontario

Book a showing to see this King Street East Home in Hamilton

This property has so much to offer. Book a private showing now, as you do not want to miss out on 657 KING STREET E in Hamilton, Ontario!

Is this home the right property for you? Start a conversation to find out.

Get Directions to this Property

Not sure where this property is? Get directions to this King Street East Home in Hamilton.

657 KING STREET E, Hamilton, Ontario L8N 1E5
Hamilton Mortgage Experts
REALTOR® MLS®

Provided by RIGHT AT HOME REALTY. MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

Powered by REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.

Have questions or need more information about this home? Don't know where to begin? Then, let us connect you with the best real estate agent to guide you.

Please be advised that TRESA Rules and Regulations restrict the information that another Brokerage or REALTOR® can provide. Therefore, any further information must be sought directly from the agent you are under contract with.

One or more fields have an error. Please check and try again.

Please Note: Information you supply in the contact form will be kept fully confidential.
Royal LePage®

Inquiries submitted through this website will be responded to by a local sales representative from Royal LePage®.

This property, located on King Street East in Hamilton Ontario, was published on November 13th, 2024. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Hamilton convenient.