657 King St E

657 King St E
657 King St E
657 King St E
+28
9
 bed
5
 bath
15
 parking
-
 sqft
Detached
$2,000,000
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$2,000,000
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Size
-
Lot size
510.97 sqm
Street frontage
S
Possession
60 days
Price per sqm
-
Taxes
$6,500 (2024)
Parking Type
-
Style
3-Storey
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Description
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, 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's dynamic downtown!

EXTRAS:
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:
-
Lot front:
15.24 M
Lot depth:
33.53 M
Listed on:
Nov 14, 2024
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Instant estimate:
orto view instant estimate
$36,234
lower than listed price
i
High
$2,052,145
Mid
$1,963,766
Low
$1,872,783
Gabor Hess
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X10423397
Listed by RIGHT AT HOME REALTY

About 657 King St E

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

Some good places to grab a bite are PUDOpoint Counter, Miss Lyns or Peruviano. If you love coffee, you're not too far from Tim Hortons located at 503 Main St E. Groceries can be found at Aristos Bakery which is only steps away and you'll find Dr Ruta Stanaitis not far as well. Love being outside? Look no further than Century Street Park and Myrtle Park, which are both only steps away.

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.