657 659 King Street E, Hamilton

657 659 King Street E, Hamilton, ON L8N1E5 Photo 1

29 Photos

657 659 King Street E, Hamilton, ON L8N1E5 Photo 2
657 659 King Street E, Hamilton, ON L8N1E5 Photo 3
657 659 King Street E, Hamilton, ON L8N1E5 Photo 4
657 659 King Street E, Hamilton, ON L8N1E5 Photo 5
657 659 King Street E, Hamilton, ON L8N1E5 Photo 6
657 659 King Street E, Hamilton, ON L8N1E5 Photo 7
  • Living area: 5488 square feet
  • MLS®: h4165191
  • Type: Residential
  • Added: 359 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)

Property Information

  • Sewer: Municipal sewage system
  • Heating: Forced air, Natural gas
  • List AOR: Hamilton-Burlington
  • 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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