For Sale

657 King Street, Hamilton (Landsdale), Ontario L8N1E5

$2,000,000

657 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.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 9
    Bedrooms
  • 5
    Bathrooms
  • 15
    Parking Spaces
  • MLS ID: X10423397
  • Office Name RIGHT AT HOME REALTY
Property Description

Hamilton’s 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’s dynamic downtown! (id:43137)

Property Details
  • Bedrooms: 9
  • MLS ID: X10423397
  • Bathrooms: 5
  • Price: $2,000,000
  • Transaction Types: For Sale
  • Ref ID: 27648878
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
11/13/2024 X10423397 $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
  • 60 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
  • 96 Walk Score
    Walker's Paradise
  • 64 Transit Score
    Good Transit
  • 80 Bike Score
    Very Bikeable
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
  • 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 03:37:51
Open House Dates
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