Size
-
Lot size
251.77 sqm
Street frontage
-
Possession
-
Price per sqm
-
Taxes
$6,500 (2024)
Parking Type
-
Style
-
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Description
Hamilton’s downtown is thriving, often compared to Brooklyn’s 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—two buildings with three 911 addresses 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!
Broker: Right At Home Realty
MLS®#: 40677430
Property details
Parking:
14
Parking type:
-
Property type:
-
Heating type:
Baseboard,
Style:
-
MLS Size:
-
Lot front:
7.32 M
Lot depth:
33.53 M
Listed on:
Nov 13, 2024
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