For Sale

663 King Street, Hamilton (Landsdale), Ontario L8N1E5

$2,000,000

663 King Street, Hamilton (Landsdale), 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 40 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 9
    Bedrooms
  • 6
    Bathrooms
  • 15
    Parking Spaces
  • MLS ID: X10423388
  • Office Name RIGHT AT HOME REALTY
Property Description

Hamilton 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 dynamic downtown! (id:43137)

Property Details
  • Bedrooms: 9
  • MLS ID: X10423388
  • Bathrooms: 6
  • Price: $2,000,000
  • Transaction Types: For Sale
  • Ref ID: 27648876
  • Year Built: N/A
  • Building Type: Other
  • 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 X10423388 $2,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Landsdale
  • $686,722 Average List Price
    based on 1 year
  • 28 New Listings
    based on 30 days
  • 31 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.19 % Up
  • Sold (12mo) 39
  • Rented (12mo) 29

  • 1 Month Change +48.9%
  • 3 Month Change +28.0%
  • 6 Month Change +51.8%
Walkscore
Property Type Distribution
  • All Houses
    79.96%
  • Commercial
    7.82%
  • Condo
    11.86%
  • Land for Sale
    0.35%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 N/a (unfinished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick Facing
  • Total Parking Spaces: 15
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/11/2024 00:00:00
  • Agent Name: YOUMING ZHAO
  • Last Updated: 16/12/2024 03:07:27
Open House Dates
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