657 KING STREET E, Hamilton (Landsdale), Ontario, CA

Address: 657 KING STREET E, Hamilton (Landsdale), Ontario

9 Beds5 Baths0 sqftStatus: Buy
Price $2,000,000

Property Overview


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 ,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:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
House
Storeys
3
Community Name
Landsdale
Title
Freehold
Land Size
50 x 110 FT
Building
Bedrooms
Above Grade
9
Bathrooms
Total
9
Building Features
Foundation Type
Concrete
Style
Detached
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick Facing
Parking
Total Parking Spaces
15
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Your Home Finance Calculation

Property Price CA $2,000,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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