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659 King St E

King St ELandsdaleHamiltonON, L8N 1E5

-
Beds
-
Baths
$2,000,000
List Price
659 King St E, Hamilton, ON - 1 of 3
659 King St E, Hamilton, ON - 2 of 3
659 King St E, Hamilton, ON - 3 of 3
New
8 days on market

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
  • Includes 16 apartments and popular bar on main floor
  • Seller open to Vendor Take-Back mortgage and development consulting
  • Ideal for luxury condos, senior housing, or student accommodations
  • Viewings by appointment only, listing price is negotiable

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—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 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—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)

Property Details

Size

Sq. Ft. Not Available
1 total rooms across 3 floors
0 Beds
0 Baths

Parking

15 Parking Spaces
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Condo

Balcony Type
Balcony
In Suite Laundry
-
Exposure
-
Locker
-

Build

Year Built
-
Model Name
-
Exterior
-
Builder Name
-
Floors
-
Flooring
-

Heating & Cooling

Heating
Hot water radiator heat
Cooling
None

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Rooms

Breakfast

Other

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40677424
Last Updated
November 14, 2024
Brokerage
Right At Home Realty
Powered by: REALTOR.ca
Call us 800-591-0566

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