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663 King Street E Hamilton, Ontario L8N 1E5

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2613 sqft
Wall Unit Forced Air

$1

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 three must be sold together at an asking price of $3.99 million). 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:48305)

Property Details

MLS® Number H4165188
Property Type Single Family
Equipment Type None
Features Paved Driveway
Parking Space Total 10
Rental Equipment Type None

Building

Basement Type None
Construction Style Attachment Detached
Cooling Type Wall Unit
Exterior Finish Brick
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Exterior 2613 Sqft
Size Interior 2613 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 110 Ft
Size Frontage 24 Ft
Size Irregular 24.64 X 110
Size Total Text 24.64 X 110|under 1/2 Acre

https://www.realtor.ca/real-estate/25660583/663-king-street-e-hamilton

*All information provided by the Brantford Regional Real Estate Association (BRREA) and ITSO for the highest number of completed transactions since January 1, 2015. All Brantford MLS® House Listings come from the various systems operated by Real Estate Boards and Associations across Canada. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used underlicense. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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