$2,000,000
Available - For Sale
Listing ID: X10423397
657 King Stre East , Hamilton, L8N 1E5, Hamilton
| 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! |
| Price | $2,000,000 |
| Taxes: | $6500.00 |
| DOM | 120 |
| Occupancy: | Tenant |
| Address: | 657 King Stre East , Hamilton, L8N 1E5, Hamilton |
| Lot Size: | 50.00 x 110.00 (Feet) |
| Directions/Cross Streets: | King Street /Wentworth |
| Rooms: | 20 |
| Bedrooms: | 9 |
| Bedrooms +: | 0 |
| Kitchens: | 6 |
| Family Room: | F |
| Basement: | Other |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 3-Storey |
| Exterior: | Brick Front |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 15 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Pool: | None |
| Approximatly Square Footage: | 5000 + |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RIGHT AT HOME REALTY |
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Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Landsdale |
| Style: | 3-Storey |
| Lot Size: | 50.00 x 110.00(Feet) |
| Tax: | $6,500 |
| Beds: | 9 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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