657 King Street E, Hamilton ON L8N 1E5

$ 2,000,000
657 King Street E, Hamilton ON L8N 1E5,
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Overview

  • Updated On:
  • December 29, 2024

Description

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!

Address: 657 King Street E, Hamilton ON L8N 1E5
City:
State/County:
Zip: L8N 1E5
Country: United States
Open In Google Maps
Property Id : 2392040
Price: $ 2,000,000
Rooms: 1
Other Features
Dryer
Gas Stove
Has Heating System
Open Parking
Property Attached
Water Heater
Water Meter
$ 7,754.40
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,754.40

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif