ON > Hamilton
Hamilton, ON L8N 1E5,657, 659 King Street E
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Hamilton, ON L8N 1E5,657, 659 King Street E
Hamilton, ON L8N 1E5,657, 659 King Street E
Hamilton, ON L8N 1E5,657, 659 King Street E
Hamilton, ON L8N 1E5,657, 659 King Street E
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Janice Carter

Janice Carter

+1(289) 969-1147
Listed by Youming Zhao • Right At Home Realty
$ 2,000,000
Est. payment /mo
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657, 659 King Street E Hamilton, ON L8N 1E5

UPDATED:

11/14/2024 05:05 AM

Key Details

Property Type Condo

Sub Type Condo/Apt Unit

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40677424

Style 3 Storey

Originating Board Hamilton - Burlington

Annual Tax Amount $15,000

Property Description

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—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’s dynamic downtown!

Location

Province ON

County Hamilton

Area 14 - Hamilton Centre

Zoning TOC1

Direction King street to Wentworth Street

Rooms

Kitchen 0

Interior

Interior Features Water Meter

Heating Gas Hot Water

Cooling None

Fireplace No

Appliance Water Heater, Dryer, Gas Stove

Laundry Coin Operated

Exterior

Waterfront No

Roof Type Flat

Porch Enclosed

Lot Frontage 49.16

Lot Depth 110.0

Garage No

Building

Lot Description Urban, Corner Lot, Public Transit

Faces King street to Wentworth Street

Sewer Sanitary

Water Municipal

Architectural Style 3 Storey

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 171800158

Ownership Freehold/None

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657, 659 King Street E