$2,000,000

9 Bed, 5 Bath, 3-Storey home is located near King Street /Wentworth in Landsdale.

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, 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's dynamic downtown!

657 King St E, Hamilton is a 9 bedroom, 5 bathroom residential 3-Storey detached home. 657 King St E, Hamilton is conveniently located in the Landsdale neighbourhood of Hamilton Ontario. 657 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 657 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 657 King St E, Hamilton are approximately $6,500/year based on 2024 assessment.

This 3-Storey detached home located at 657 King St E, Hamilton features a Brick Front exterior. The lot size of this South facing property is 50 x 110 feet. The property has 15 parking spaces. The home has Gas fueled Forced Air heating and has no air conditioning.