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663 King Street



+31
9
bed6
bath15
parking5000 - 65535
sqftMultiplex
$2,000,000
For Sale
199 days
on site$2,000,000

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Size
-
Lot size
2750 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 is 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®#: X10423388
Property details
Parking:
15
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
5000-65535 sqft
Lot front:
25 Ft
Lot depth:
110 Ft
Listed on:
Nov 14, 2024
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Instant estimate:
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$39,411
lower than listed pricei
High
$2,025,167
Mid
$1,960,589
Low
$1,887,071
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About 663 King Street
663 King Street is a Hamilton multiplex for sale. It has been listed at $2000000 since November 2024. This multiplex has 9 beds, 6 bathrooms and is 5000-65535 sqft.
663 King St E, Hamilton City is not far from Tim Hortons for that morning caffeine fix and if you're not in the mood to cook, PUDOpoint Counter, Miss Lyns and Peruviano are near this multiplex. Groceries can be found at Aristos Bakery which is only steps away and you'll find Dr Ruta Stanaitis not far as well. 663 King St E, Hamilton City is not far from great parks like Century Street Park and Myrtle Park.
Transit riders take note, 663 King St E, Hamilton City is only steps away to the closest public transit Bus Stop (WENTWORTH at KING) with route Wentworth.
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