663 King Street E Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 1E5
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40677430
Originating Board Hamilton - Burlington
Annual Tax Amount $6,500
Property Sub-Type Apartment
Property 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!
Location
Province ON
County Hamilton
Area 14 - Hamilton Centre
Zoning TOC1
Direction King Street E to Wentworth
Rooms
Basement Full,Unfinished
Kitchen 0
Interior
Interior Features Upgraded Insulation,Other
Heating Baseboard,Natural Gas
Cooling None
Fireplace No
Appliance Built-in Microwave
Laundry Coin Operated
Exterior
Roof Type Flat
Lot Frontage 24.64
Lot Depth 110.0
Garage No
Building
Lot Description Public Parking,Public Transit
Faces King Street E to Wentworth
Story 3
Foundation Block,Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 171800159
Ownership Freehold/None
Virtual Tour https://www.youtube.com/watch?v=FZ4vshZY_k4