663 KING Street E

Single Family For Sale in Hamilton, Ontario

$1

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 three must be sold together at an asking price of $3.99 million). 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:4069)
Address 663 KING Street E
List Price $1
Property Type Single Family
Type of Dwelling House
Area Ontario
Sub-Area Hamilton
Floor Area 2,613 Sq. Ft.
Lot Size 24.64 x 110 Sq. Ft.
MLS® Number H4165188
Listing Brokerage Right At Home Realty
Basement Area None
Postal Code L8N1E5
Features Paved driveway

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395 Wellington Rd., Unit 11B, London On N6C 5Z6

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