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657 King Street



+31
9
bed5
bath15
parking5000 - 65535
sqftDetached
$2,000,000
For Sale
199 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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$85,332
lower than listed pricei
High
$2,000,838
Mid
$1,914,668
Low
$1,825,960
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About 657 King Street
657 King Street is a Hamilton detached house for sale. It has been listed at $2000000 since November 2024. This 5000-65535 sqft detached house has 9 beds and 5 bathrooms.
There are a lot of great restaurants around 657 King St E, Hamilton City. If you can't start your day without caffeine fear not, your nearby choices include Tim Hortons. Groceries can be found at Aristos Bakery which is only steps away and you'll find Dr Ruta Stanaitis not far as well. 657 King St E, Hamilton City is not far from great parks like Century Street Park and Myrtle Park.
If you are reliant on transit, don't fear, 657 King St E, Hamilton City has a public transit Bus Stop (WENTWORTH at KING) only steps away. It also has route Wentworth close by.
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