657 King Street E Hamilton (Landsdale), Ontario L8N 1E5
$2,000,000
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:48469)
Property Details
MLS® Number | X10423397 |
Property Type | Single Family |
Community Name | Landsdale |
ParkingSpaceTotal | 15 |
Building
BathroomTotal | 5 |
BedroomsAboveGround | 9 |
BedroomsTotal | 9 |
ConstructionStyleAttachment | Detached |
ExteriorFinish | Brick Facing |
FoundationType | Concrete |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 3 |
Type | House |
UtilityWater | Municipal Water |
Land
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 110 Ft |
SizeFrontage | 50 Ft |
SizeIrregular | 50 X 110 Ft |
SizeTotalText | 50 X 110 Ft |
https://www.realtor.ca/real-estate/27648878/657-king-street-e-hamilton-landsdale-landsdale
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