657, 659 KING Street E (H4165190)

Listing ID: H4165190  
$3,990,000

Right At Home Realty

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657, 659 KING Street E, Hamilton, Ontario, L8N1E5
Property TypeOther Building Area5488 square feet

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, 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:51646)


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Details
TransactionFor sale
Building
CoolingNone HeatingForced air
Size Exterior5488 sqft Size Interior5488 sqft
Utility WaterMunicipal water
Land
Size Frontage49 ft SewerSanitary sewer
Size Depth110 ft Size Irregular49.16 x 110

Listing Office: Right At Home Realty

Data Provided by REALTORS® Association of Hamilton-Burlington

Last Modified :30/10/2023 01:07:50 PM

Listing Office: Right At Home Realty

Data Provided by REALTORS® Association of Hamilton-Burlington

Last Modified :30/10/2023 01:07:50 PM

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