Added 2 months ago
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Type: Multiplex
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Style: 3-Storey
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Lot Size: 25 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: 48 minutes ago
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MLS®#: X10423388
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Listed By: Right at home realty
Hamilton 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 dynamic downtown!
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Property
Status: Sale
Property Type: Multiplex
Style: 3-Storey
Area: Hamilton
Community: Landsdale
Availability Date: 60 days
Inside
Bedrooms: 9
Bathrooms: 6
Kitchens: 5
Rooms: 20
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Washrooms: 6
Building
Basement: Unfinished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick Front
Energy Certificate: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Front Yard
Garage Type: None
Covered Parking Spaces: 15
Total Parking Spaces: 15
Fees
Tax Year: 2024
Tax Legal Description: PT LT 2, PL 43 , AS IN VM71839, LYING N OF KING ST. BTN WENTWORT
Taxes: $6,500
Land
Cross Street: King / Wentworth
Municipality District: Hamilton
Fronting On: South
Parcel Number: 171800159
Pool: None
Sewer: Sewers
Lot Depth: 110 Feet
Lot Frontage: 25 Feet
Waterfront: None
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