663 KING STREET E, Hamilton (Landsdale), Ontario, CA

Address: 663 KING STREET E, Hamilton (Landsdale), Ontario

9 Beds6 Baths0 sqftStatus: Buy
Price $2,000,000

Property Overview


Hamilton 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 dynamic downtown! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Other
Storeys
3
Community Name
Landsdale
Land Size
25 x 110 FT
Building
Bedrooms
Above Grade
9
Bathrooms
Total
9
Interior Features
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Block
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick Facing
Parking
Total Parking Spaces
15
Enter Details Below
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Your Home Finance Calculation

Property Price CA $2,000,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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