For Sale

323-327 King Street Unit# 323, Hamilton (Beasley), Ontario L8N1C1

$2,299,000

323-327 King Street Unit# 323, Hamilton (Beasley), Ontario L8N1C1 is For Sale and has a listing price of 2,299,000. The property is located in the Beasley neighbourhood. It's been on the website for 58 Days.

  • Business
    Property Type
  • MLS ID: X9055685
  • Office Name SOTHEBY'S INTERNATIONAL REALTY CANADA
Property Description

Fantastic Construction-Ready Residential Conversion! Permits Are Ready 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:43137)

Property Details
  • MLS ID: X9055685
  • Price: $2,299,000
  • Transaction Types: For Sale
  • Ref ID: 27217616
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/25/2024 X9055685 $2,299,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Beasley
  • $793,004 Average List Price
    based on 1 year
  • 118 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.13 % Up
  • Sold (12mo) 26
  • Rented (12mo) 182

  • 1 Month Change +19.4%
  • 3 Month Change +5.9%
  • 6 Month Change +32.5%
Walkscore
Property Type Distribution
  • All Houses
    18.36%
  • Commercial
    19.68%
  • Condo
    61.74%
  • Land for Sale
    0.21%
Additional Details
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/07/2024 00:00:00
  • Zoning Y
  • Agent Name: MARTINUS DOMINICUS GELEYNSE
  • Last Updated: 04/09/2024 04:32:45
Open House Dates
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