Property Details

323-327 KING Street E, Hamilton, Ontario, L8N1C1

323-327 KING Street E, Hamilton, Ontario, L8N1C1 (ID 40368828)
Representative
Joanne and John Lake portrait
Joanne and John Lake
Broker and Sales Representative
Real Estate Homeward - Gravenhurst
Cell: 416-797-6804
Tel: 705-710-1131

$2,799,000 - For sale

ID#:40368828

Fantastic construction-ready residential conversion! Permits are filed and set to be issued pending fees! If you're looking for a profitable redevelopment project that is truly hammer-ready, this is it. Plans include retaining main floor commercial while developing 8 new residential units (5 X 2-bed, 3 X 1-bed). Take it a step further by dividing the main floor into smaller units for a higher psf lease value. Situated steps from a future LRT station, this building has significant cashflow and appreciation value. If development isn't your thing, the existing structure is ready to lease in its current state as offices, retail, hospitality, etc. thanks to generous D2 zoning! Tremendous potential for investors, end-users, and developers alike. Clean Phase 1 Environmental on-hand. Plans, proforma, and additional information available upon request. This amount of usable square footage is incredibly rare on the LRT route. Don't miss this remarkable opportunity! (id:2471)

Location DescriptionImmediately east of Wellington Street North on the north side of King Street East

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Property Details
  • Property Address:323-327 KING Street E, Hamilton, Ontario, L8N1C1
  • Property Type:Other
  • Title:Freehold
  • Sewage Type:Sanitary sewer
  • Water Type:Municipal water
Structure Details for 323-327 KING Street E, Hamilton, Ontario, L8N1C1
  • Heating Type:Natural gas, Hot water radiator heat
  • Storeys:3
  • Flooring:Hardwood
  • Basement Type:Full (Unfinished)
  • Cooling Type:Ductless
  • Exterior Type:Brick, Stucco
Amenities for 323-327 KING Street E, Hamilton, Ontario, L8N1C1 Southern exposure, Visual exposure, High Traffic Area
  • Amenities Nearby:Public Transit
Representative
Joanne and John Lake portrait
Joanne and John Lake
Broker and Sales Representative
Real Estate Homeward - Gravenhurst
Cell: 416-797-6804
Tel: 705-710-1131
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Listing Office: Sotheby's International Realty Canada, Brokerage

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323-327 KING Street E, Hamilton, Ontario, L8N1C1

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