657 King Street E

657 King Street E
657 King Street E
657 King Street E
+31
9
 bed
5
 bath
15
 parking
5000 - 65535
 sqft
Detached
$2,000,000
For Sale
260 days
 on site
$2,000,000
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Size
-
Lot size
5500 sqft
Street frontage
-
Possession
60 days
Price per sqft
$31 - $400
Taxes
$6,500 (2024)
Parking Type
-
Style
3-Storey
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Description
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!
Broker: RIGHT AT HOME REALTY
MLS®#: X10423397
Property details
Parking:
15
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
5000-65535 sqft
Lot front:
50 Ft
Lot depth:
110 Ft
Listed on:
Nov 14, 2024
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Instant estimate:
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$47,423
lower than listed price
i
High
$2,040,453
Mid
$1,952,577
Low
$1,862,113
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6BA
6 Parking
5,000-65,535 sqft
MLS#: X12035672
KELLER WILLIAMS COMPLETE REALTY
132 days
275 Cumberland Avenue
1/49
$2,199,900
23 days
275 Cumberland Avenue
10BD
7BA
11 Parking
5,000-65,535 sqft
MLS#: X12273979
RE/MAX ESCARPMENT REALTY INC.
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About 657 King Street E

657 King Street E is a Hamilton detached house for sale. It was listed at $2000000 in November 2024 and has 9 beds and 5 bathrooms.

657 King St E, Hamilton City is nearby from Tim Hortons for that morning caffeine fix and if you're not in the mood to cook, PUDOpoint Counter, Apllada Greek Fusion and Miss Lyns are near this detached house. Groceries can be found at Aristos Bakery which is only steps away and you'll find Dr Ruta Stanaitis not far as well. If you're an outdoor lover, detached house residents of 657 King St E, Hamilton City are not far from Century Street Park and Myrtle Park.

For those residents of 657 King St E, Hamilton City without a car, you can get around quite easily. The closest transit stop is a Bus Stop (WENTWORTH at KING) and is only steps away connecting you to Hamilton City's public transit service. It also has route Wentworth nearby.