657 King Street E Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 1E5
Key Details
Property Type Condo
Sub Type Condo/Apt Unit
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40677424
Style 3 Storey
Annual Tax Amount $15,000
Property Sub-Type Condo/Apt Unit
Property Description
Downtown Hamilton is booming—often likened to the vibrant resurgence of Brooklyn!
Investors seeking high rental income and landmark development potential should consider 657, 659, and 663 King Street East, Hamilton—a rare offering of two buildings with three municipal addresses sold together.
Zoned TOC1, the properties present an exceptional opportunity to develop a 12-storey mixed-use commercial and residential project, with plans for 64 luxury condos. Situated just 100 meters from a planned LRT station, the combined land spans approximately 8,102 sq. ft. with 74.9 ft. frontage and 110 ft. depth, including convenient rear access.
Ideal for luxury condominiums, senior-friendly housing, student residences, or a trendy bar/restaurant to meet strong market demand.
The existing buildings include 16 rental apartments and a well-known bar on the main level. Five newly renovated vacant units are ready for rent, and there's main-floor commercial space with a basement available for lease—perfect for various business uses.
Viewings are by appointment only.
The listing price is negotiable, and the seller is open to offering a Vendor Take-Back mortgage, temporary property management post-sale, and development consulting.
Don't miss this rare opportunity in Hamilton's dynamic downtown!
Location
Province ON
County Hamilton
Area 14 - Hamilton Centre
Zoning TOC1
Rooms
Kitchen 0
Interior
Heating Gas Hot Water
Cooling None
Laundry Coin Operated
Exterior
Roof Type Flat
Building
Lot Description Urban,Corner Lot,Public Transit
Sewer Sanitary
Water Municipal
Structure Type Brick
New Construction No
Others
Virtual Tour https://www.youtube.com/watch?v=FZ4vshZY_k4