663 King St E
$2,000,000
$2,000,000
MLS®#:
X10423388
Property Type:
Multiplex
Property Style:
3-Storey
Area:
Hamilton
Community:
Landsdale
Taxes:
$6,500 / 2024
Added:
November 13 2024
Lot Frontage:
25.00
Lot Depth:
110.00
Status:
Active
Outside:
Brick Front
Year Built:
Basement:
Unfinished
Brokerage:
RIGHT AT HOME REALTY
Lot (Feet):

110

25

Intersection:
King / Wentworth
Rooms:
20
Bedrooms:
9
Bathrooms:
6
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
Heating Fuel:
Gas

Listing Description

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!

Sale/Lease History of 663 King St E

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Neighbourhood

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Landsdale home prices

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Insights for 663 King St E

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)