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:56069)
MLS® Number | X10423397 |
Property Type | Single Family |
Community Name | Landsdale |
Parking Space Total | 15 |
Bathroom Total | 5 |
Bedrooms Above Ground | 9 |
Bedrooms Total | 9 |
Construction Style Attachment | Detached |
Exterior Finish | Brick Facing |
Foundation Type | Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 3 |
Type | House |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 110 Ft |
Size Frontage | 50 Ft |
Size Irregular | 50 X 110 Ft |
Size Total Text | 50 X 110 Ft |
https://www.realtor.ca/real-estate/27648878/657-king-street-e-hamilton-landsdale-landsdale
Contact us for more information
Youming Zhao
Salesperson
(905) 637-1700