Quick Summary
Quick Summary
- Prime investment opportunity in Hamilton's dynamic downtown
- Zoned TOC1 with potential for 12-story mixed-use project
- Convenient location just 100m from planned LRT station
- Sizable land parcel spanning 8,102 sq ft with 74.9 ft frontage
- Existing 16 apartments and popular bar on main floor
- Seller open to Vendor Take-Back mortgage and development consulting
- Potential for luxury condos, senior housing, or student accommodations
- Thriving downtown location often compared to Brooklyn's resurgence
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... Show More
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! (id:54626)
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For Sale Nearby
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- 3,000 - 3,500 Sq. Ft.
- 5
- 3
- 1,500 - 2,000 Sq. Ft.
- 4
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 1,500 - 2,000 Sq. Ft.
- 3
- 3
- 3
- 3
- 3
- 2
- 1,500 - 2,000 Sq. Ft.
- 4
- 2
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- 3
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