657 King ST E Active

Hamilton,ON L8N 1E5

$ 2000000

9 Beds

5 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Landsdale

MLS Listing ID X10423397

Style 3-Storey

Bedrooms 9

Annual Tax Amount $6,500

Tax Year 2024

Property Sub-Type Detached

Property Description

Downtown Hamilton is booming often likened to the vibrant resurgence of Brooklyn! Investors seeking high rental income and landmark development potential should consider 657, 659, and 663 King Street East, Hamilton a rare offering of two buildings with three municipal addresses sold together. Zoned TOC1, the properties present an exceptional opportunity to develop a 12-storey mixed-use commercial and residential project, with plans for 64 luxury condos. Situated just 100 meters from a planned LRT station, the combined land spans approximately 8,102 sq. ft. with 74.9 ft. frontage and 110 ft. depth, including convenient rear access. Ideal for luxury condominiums, senior-friendly housing, student residences, or a trendy bar/restaurant to meet strong market demand. The existing buildings include 16 rental apartments and a well-known bar on the main level. Five newly renovated vacant units are ready for rent, and there s main-floor commercial space with a basement available for lease perfect for various business uses. Viewings are by appointment only. The listing price is negotiable, and the seller is open to offering a Vendor Take-Back mortgage, temporary property management post-sale, and development consulting. Don't miss this rare opportunity in Hamilton's dynamic downtown!

Location

Province ON

County Hamilton

Community Landsdale

Area Hamilton

Rooms

Basement Other

Kitchen 6

Interior

Interior Features Storage

Cooling None

Exterior

Parking Features None

Pool None

Roof Type Flat

Total Parking Spaces 15

Building

Foundation Concrete

Others

ParcelsYN No

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