Property Details
657, 659 KING Street E, Hamilton, Ontario, L8N1E5
Broker and Sales Representative
Real Estate Homeward - Gravenhurst
Cell: 416-797-6804
Tel: 705-710-1131
$3,990,000 - For sale
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, 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:2471)
Location DescriptionURBAN
- Property Address:657, 659 KING Street E, Hamilton, Ontario, L8N1E5
- Property Type:Single Family
- Title:Freehold
- Lot Size:49.16 x 110|under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Driveway:No Garage
- Parking Space Total:10
- Structure Style:House
- Floor Space:5488 sqft
- Heating Type:Natural gas, Forced air
- Style:Detached
- Storeys:1
- Basement Type:Full (Unfinished)
- Foundation Type:Unknown
- Rental Equipment:None
- Exterior Type:Brick
Broker and Sales Representative
Real Estate Homeward - Gravenhurst
Cell: 416-797-6804
Tel: 705-710-1131
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 657, 659 KING Street E, Hamilton, Ontario, L8N1E5
- Neighbourhood Information
657, 659 KING Street E, Hamilton, Ontario, L8N1E5
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