663 E KING Hamilton, Ontario L8N1E5, Hamilton , L8N1E5
Listing ID: 40677430
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$2,000,000
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Listed: 1 month ago
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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—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:26452)

Other located at 663 E KING Hamilton, Ontario L8N1E5. 663 E KING Hamilton, Ontario L8N1E5 is in the Hamilton neighborhood. Hamilton, McQuesten West, and Caistorville are nearby neighbourhoods.
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Listed by: Right At Home Realty Inc.
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YZ
Youming Zhao
(905) 807-9368

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YZ
Youming Zhao
(905) 807-9368
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
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