Hamilton, ON L8N 1E5,663 King Street E
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Hamilton, ON L8N 1E5,663 King Street E
Hamilton, ON L8N 1E5,663 King Street E
Hamilton, ON L8N 1E5,663 King Street E
Hamilton, ON L8N 1E5,663 King Street E
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Listed by Youming Zhao • Right At Home Realty
$ 2,000,000
Est. payment /mo
Active

663 King Street E Hamilton, ON L8N 1E5


UPDATED:

12/29/2024 05:45 PM

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


agent

Max Hahne

Broker | License ID: 2053955

+1(705) 441-5800

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663 King Street E