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—three properties 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:51158)
MLS# 40677424 – FOR SALE : 657, 659 King Street E Hamilton – 0 Beds, 0 Baths Attached Apartment ** 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—three properties 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:51158) ** 657, 659 King Street E Hamilton **
| MLS® Number | 40677424 |
| Property Type | Single Family |
| Amenities Near By | Public Transit |
| Features | Southern Exposure, Corner Site, Balcony, Laundry- Coin Operated |
| Parking Space Total | 15 |
| Appliances | Dryer, Water Meter, Gas Stove(s) |
| Architectural Style | 3 Level |
| Basement Type | None |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 3 |
| Type | Apartment |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 49 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Toc1 |
| Level | Type | Length | Width | Dimensions |
|---|
https://www.realtor.ca/real-estate/27648726/657-659-king-street-e-hamilton
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Tony Sousa | 416-477-2620 | tony@sousasells.ca
I’m on a Mission to raise $10,000 for the Canadian Cancer Society. Losing my mom to Breast Cancer, I’ve made it my mission to help where I can. I do this by donating a portion of my income from home sales to the Canadian Cancer Society in honour of our buyer or seller and friend or family member who referred them. Who do you know that is considering buying or selling a home that you could refer? You can rest assure that not only will they get the award-winning service, but that a portion of the income we receive from the transaction will go toward a very worthy cause.
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