For Sale

663 KING Street, Hamilton, Ontario L8N1E5

$2,000,000

663 KING Street, Hamilton, Ontario L8N1E5 is For Sale and has a listing price of 2,000,000. The property is located in the Landsdale neighbourhood. It's been on the website for 57 Days.

  • Multi-family
    Property Type
  • 14
    Parking Spaces
  • MLS ID: 40677430
  • Office Name Right At Home Realty
Property Description

Hamilton’s downtown is thriving, often compared to Brooklyn’s 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! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: 40677430
  • Price: $2,000,000
  • Transaction Types: For Sale
  • Ref ID: 27648735
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
11/13/2024 40677430 $2,000,000 For Sale - -
06/02/2023 X6092912 $1 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Landsdale
  • $689,524 Average List Price
    based on 1 year
  • 21 New Listings
    based on 30 days
  • 31 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.19 % Up
  • Sold (12mo) 41
  • Rented (12mo) 29

  • 1 Month Change -12.4%
  • 3 Month Change -2.1%
  • 6 Month Change +2.2%
Walkscore
  • 96 Walk Score
    Walker's Paradise
  • 64 Transit Score
    Good Transit
  • 80 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    80.26%
  • Commercial
    7.73%
  • Condo
    11.67%
  • Land for Sale
    0.34%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Full (unfinished)
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick
  • Cooling System None
  • Total Parking Spaces: 14
  • Property Features Laundry- Coin Operated
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/11/2024 00:00:00
  • Zoning M-5
  • Agent Name: Youming Zhao
  • Address Subdivision: 141 - Lansdale
  • Last Updated: 29/12/2024 17:57:07
Open House Dates
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