663 King Street E Hamilton, Ontario L8N 1E5
$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 ( This three MUST be sold together at asking price $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:50964)
Property Details
| MLS® Number | H4165184 |
| Property Type | Other |
Building
| Cooling Type | None |
| Heating Type | Forced Air |
| Size Exterior | 2613 Sqft |
| Size Interior | 2613 Sqft |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Size Depth | 110 Ft |
| Size Frontage | 24 Ft |
| Size Irregular | 24.64 X 110 |
| Size Total Text | 24.64 X 110 |
https://www.realtor.ca/real-estate/25660294/663-king-street-e-hamilton
Interested?
Contact us for more information
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. 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. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 18 2023 04:06:27
REALTORS® Association of Hamilton-Burlington
Right At Home Realty