LOADING

657, 659 King Street E Hamilton, Ontario L8N 1E5

square_foot  5488 sqft
ac_unit None hvac Forced Air

$3,990,000

Hamilton's downtown development is thriving, drawing comparisons to the vibrant Brooklyn! If you're interested in investing in a property that offers excellent rental cash flow and the potential to become a new downtown landmark, there's a rare opportunity that includes 657, 659, and 663 King Street East in Hamilton. These properties present the potential for a 12-story mixed-use commercial/residential building with 64 luxurious condominiums under current TOC1 zoning. Conveniently located on the proposed LRT route with a station located approximately 100 meters away, which has been acquired by the LRT Transportation Authority. the combined land area is approximately 8,102.16 square feet. Positioned on the bustling King Street/Wentworth Street, the properties feature 74.9 feet of frontage, extending 110 feet in depth, and offer a convenient backyard exit route. Currently, the buildings house 16 apartments and a popular bar on the main floor. Buyers need to conduct their due diligence regarding zoning, use, and development, as the properties are being sold as-is. To visit the properties, please schedule an appointment in advance. The listing price and open to the possibility of a seller take-back mortgage reflect the seller's motivation for a quick sale, making it an excellent opportunity for potential investors. Don't miss out on this chance to be a part of Hamilton's thriving downtown development. (id:46040)

Property Details

MLS® Number H4165190
Property Type Other

Building

Cooling Type None
Heating Type Forced Air
Size Exterior 5488 Sqft
Size Interior 5488 Sqft
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 110 Ft
Size Frontage 49 Ft
Size Irregular 49.16 X 110
Size Total Text 49.16 X 110

https://www.realtor.ca/real-estate/25660293/657-659-king-street-e-hamilton

Youming Zhao
Salesperson

(905) 807-9368
https://www.youtube.com/embed/JZPQ6X0Lgi8
www.you-me.ca/

Right At Home Realty
5111 New Street Unit 104
Burlington, Ontario L7L 1V2

(905) 637-1700

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