663 King St E, Hamilton

$2,000,000

9 Bed, 6 Bath, 3-Storey home is located near King / Wentworth in Landsdale.

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 , three properties 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!

663 King St E, Hamilton is a 9 bedroom, 6 bathroom residential 3-Storey multiplex home. 663 King St E, Hamilton is conveniently located in the Landsdale neighbourhood of Hamilton Ontario. 663 King St E, Hamilton is an MLS®-Listed home with an asking price of $2,000,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 663 King St E, Hamilton, the estimated monthly mortgage payment would be $9,664. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 663 King St E, Hamilton are approximately $6,500/year based on 2024 assessment.

This 3-Storey multiplex home located at 663 King St E, Hamilton features a Brick Front exterior. The lot size of this South facing property is 25 x 110 feet. The property has 15 parking spaces. The home has Gas fueled Forced Air heating and has no air conditioning.

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Property

  • Mortgage (est): $9,664
  • Taxes: $6,500/year
  • Lot Size: 25 x 110
  • Age: Ask us

Building

  • Fronting: South
  • Exterior: Brick Front
  • Basement: Unfinished
  • Parking: 15 Space
  • Garage: None

Utilities

  • Heat: Forced Air
  • Hydro: Ask us
  • Gas: Ask us
  • Sewers: Sewers
  • Water: Municipal

Extras

  • Air Condition: No

Room Size Level Features

 
 
 
 

Mortgage Amount:

Down Payment Amount:

Monthly Mortgage Payment:

This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%.