$2,000,000

Condo For Sale In Landsdale, Hamilton, Ontario

$2,000,000

Property Information:

Hamilton’s downtown is thriving, often compared to Brooklyn’s 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!

Inclusions: Built-in Microwave

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Front Yard Parking, Outside/Surface/Open
  • Floor Space (approx): 0 Square Feet
  • Heating: Baseboard, Natural Gas
  • Interior Features: Upgraded Insulation, Other
  • Laundry Features: Coin Operated
  • Lot Depth: 110 Feet
  • Lot Features: Public Parking, Public Transit
  • Lot Frontage: 24.64 Feet
  • Roof: Flat
  • Water Source: Municipal
  • Zoning: TOC1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 14

Courtesy of: Right At Home Realty

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