Added 2 months ago
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Type: Detached
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Style: 3-Storey
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Lot Size: 50 x 110 Feet
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Age: No Data
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Taxes: $6,500 per year
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Days on Site: 46 Days
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Added: Nov 13, 2024 (2 months ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X10423397
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Listed By: Right at home realty
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 ,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!
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Property
Status: Sale
Property Type: Detached
Style: 3-Storey
Area: Hamilton
Community: Landsdale
Availability Date: 60 days
Inside
Bedrooms: 9
Bathrooms: 5
Kitchens: 6
Rooms: 20
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Washrooms: 5
Building
Basement: Other
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick Front
Energy Certificate: N
Water Supply: Municipal
Physically Handicapped-Equipped: N
Special Designation: Unknown
Retirement: N
Parking
Driveway: Front Yard
Garage Type: None
Covered Parking Spaces: 15
Total Parking Spaces: 15
Fees
Tax Year: 2024
Tax Legal Description: PT LTS 2 & 3, PL 43 , AS IN CD469616, LYING N OF KING ST. BTN WE
Taxes: $6,500
Land
Cross Street: King Street /Wentwor
Municipality District: Hamilton
Fronting On: South
Parcel Number: 171800158
Parcel of Tied Land: N
Pool: None
Sewer: Sewers
Lot Depth: 110 Feet
Lot Frontage: 50 Feet
Additional Media
- Virtual Tour: https://youtu.be/8ZVcrmDOcDM
Walker's Paradise
- Daily errands do not require a car.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
Sacred Heart of Jesus Catholic Elementary School
Elementary: CatholicSt. Patrick Catholic Elementary School
Elementary: CatholicSt. Brigid Catholic Elementary School
Elementary: CatholicGeorge L Armstrong Public School
Elementary: PublicDr. J. Edgar Davey (New) Elementary Public School
Elementary: PublicCathy Wever Elementary Public School
Elementary: PublicKing William Alter Ed Secondary School
Secondary: PublicTurning Point School
Secondary: PublicVincent Massey/James Street
Secondary: PublicSt. Charles Catholic Adult Secondary School
Secondary: CatholicSir John A Macdonald Secondary School
Secondary: PublicCathedral High School
Secondary: Catholic
- 8 bath
- 9 bed
- 5000 sqft
145 Victoria Avenue South, Hamilton, Ontario • L8N 2T1 • Stinson