657 King St E, Hamilton Landsdale
Cashback ~$21,500
$2,000,000

657 King St E, Hamilton Landsdale

Detached
Property type
9
Bedrooms
5
Bathrooms
Landsdale
Community name

Property details

Status
Active
Building type
3-Storey
Roof
Flat
A/C
None
Heating
Forced Air
Foundation
Concrete
Pool
None
Lot size
50.00 X 110.00
Construction
Brick Front
Parking spaces
15
Updated on
2024-12-29, 6:43 p.m.
MLS® number
X10423397

Description

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!


$21,500 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522

Listed by: RIGHT AT HOME REALTY

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.