$2,000,000
Available - For Sale
Listing ID: X10423388
663 King St East , Hamilton, L8N 1E5, Ontario
| 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 , 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 dynamic downtown! |
| Price | $2,000,000 |
| Taxes: | $6500.00 |
| Address: | 663 King St East , Hamilton, L8N 1E5, Ontario |
| Lot Size: | 25.00 x 110.00 (Feet) |
| Directions/Cross Streets: | King / Wentworth |
| Rooms: | 20 |
| Bedrooms: | 9 |
| Bedrooms +: | |
| Kitchens: | 5 |
| Family Room: | N |
| Basement: | Unfinished |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick Front |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 15 |
| Pool: | None |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY |
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RAY NILI
Broker
Dir:
(416) 837 7576
Bus:
(905) 731 2000
Fax:
(905) 886 7557
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Landsdale |
| Style: | 3-Storey |
| Lot Size: | 25.00 x 110.00(Feet) |
| Tax: | $6,500 |
| Beds: | 9 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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