Address
663 KING Street E, Hamilton, ON
Price
$ 1
Property Attributes
- ID#H4165188
- TypeSingle Family
- CityHamilton
- Postal CodeL8N 1E5
- Style
- Price$ 1
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage2613
Data Source:
Canadian Real Estate Association (CREA)
Property Description
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 with a station located approximately 100 meters away, which has been acquired by the LRT Transportation Authority. 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:7434)
General Features
| Features | Paved driveway |
|---|---|
| Property Type | Single Family |
| Building Cooling Type | Wall unit |
| Location Description | URBAN |
| Parking Space Total | 10 |
| Foundation Type | Unknown |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Type | None |
| Construction Style Attachment | Detached |
Exterior Features
| Sewer | Municipal sewage system |
|---|---|
| Exterior Finish | Brick |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L8N 1E5
Visits
