Active
657 King St E
Hamilton Ontario, L8N 1E5
C$2,000,000
Active
9 Beds
5 Baths
Residential
Hamilton's 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 ,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!
X10423397
MLSⓇ ID
January 21, 2025
Updated
Map
657 King St E
Hamilton Ontario, L8N 1E5
Interior Features
Total Stories
3
Bedrooms
9
Total Bathrooms
5
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
0.13 Acres
Sewer
Sewers
Other Property Details
Area Name
Landsdale
Taxes
$6,500
Tax Frequency
Annually
Garage
No
Parking
None
Parking Total
15
View
No
County
Ontario
Municipality
Hamilton
Water Source
Municipal
Pool
No
Pool Features
None
Courtesy of Listed by , RIGHT AT HOME REALTY,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2025 Toronto Real Estate Board. All rights reserved.
Data last updated 10:03 PM UTC, 1/21/2025