657 659 King Street E, Hamilton
657 659 King Street E, Hamilton
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29 Photos
- Living area: 5488 square feet
- MLS®: h4165191
- Type: Residential
- Added: 330 days ago
Property Details
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. 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 with a station located approximately 100 meters away, which has been acquired by the LRT Transportation Authority. , 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:1945)
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Property Information
- Sewer: Municipal sewage system
- Heating: Forced air, Natural gas
- Stories: 1
- Tax Year: 2023
- Basement: Unfinished, Full
- Directions: URBAN
- Living Area: 5488
- Lot Features: Paved driveway
- Photos Count: 29
- Water Source: Municipal water
- Parking Total: 10
- Structure Type: House
- Common Interest: Freehold
- Parking Features: No Garage
- Tax Annual Amount: 14000
- Exterior Features: Brick
- Building Area Total: 5488
- Foundation Details: Unknown
- Lot Size Dimensions: 49.16 x 110
Features
- Cooling: AC Type: Roughed-In
- Heating: Gas, Forced Air
- Lot Features: Urban
- Sewer/Water Systems: Sewers: Sewer
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