Hamilton, ON L8N1E5,657 KING Street E
Hamilton, ON L8N1E5,657 KING Street E
Hamilton, ON L8N1E5,657 KING Street E
Hamilton, ON L8N1E5,657 KING Street E
Hamilton, ON L8N1E5,657 KING Street E
Hamilton, ON L8N1E5,657 KING Street E
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$ 2,000,000
Est. payment | /mo

$ 2,000,000
Est. payment | /mo

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision 141 - Lansdale

MLS® Listing ID 40677424

Style 3 Level

Property Sub-Type Freehold

Source Cornerstone - Hamilton-Burlington

Property Description

Downtown Hamilton is booming—often likened to the vibrant resurgence of Brooklyn! Investors seeking high rental income and landmark development potential should consider 657, 659, and 663 King Street East, Hamilton—a rare offering of two buildings with three municipal addresses sold together. Zoned TOC1, the properties present an exceptional opportunity to develop a 12-storey mixed-use commercial and residential project, with plans for 64 luxury condos. Situated just 100 meters from a planned LRT station, the combined land spans approximately 8,102 sq. ft. with 74.9 ft. frontage and 110 ft. depth, including convenient rear access. Ideal for luxury condominiums, senior-friendly housing, student residences, or a trendy bar/restaurant to meet strong market demand. The existing buildings include 16 rental apartments and a well-known bar on the main level. Five newly renovated vacant units are ready for rent, and there's main-floor commercial space with a basement available for lease—perfect for various business uses. Viewings are by appointment only. The listing price is negotiable, and the seller is open to offering a Vendor Take-Back mortgage, temporary property management post-sale, and development consulting. Don't miss this rare opportunity in Hamilton's dynamic downtown! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Main level Measurements not available Breakfast

Interior

Heating Hot water radiator heat

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 15

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Architectural Style 3 Level

Others

Ownership Freehold

Virtual Tour https://www.youtube.com/watch?v=FZ4vshZY_k4

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Listed by Right At Home Realty
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4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

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657 KING Street E