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657 King Street E Hamilton (Landsdale), Ontario L8N 1E5

9 Bedroom 5 Bathroom
Forced Air

$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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