663 King St E Hamilton, Ontario L8N 1E5
$3,990,000
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 Str East in Hamilton (These three must be sold together at asking price $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 apartmts and a popular bar on the main floor. Buyers need to conduct their due diligence as it will be sold as-is. The listing prices**** EXTRAS **** and open to the possibility of seller take-back mortgage reflect the seller's motivation for a quick sale, making it an excellent opportunity. Don't miss out on this chance to be a part of Hamilton's thriving downtown development. (id:46317)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X6092912 |
| Property Type | Multi-family |
| Community Name | Central |
| Amenities Near By | Public Transit, Recreation |
Building
| Cooling Type | Fully Air Conditioned |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Irregular | Bldg=25 X 110 Ft |
| Size Total Text | Bldg=25 X 110 Ft |
https://www.realtor.ca/real-estate/25667816/663-king-st-e-hamilton-central
Salesperson
(905) 807-9368
www.you-me.ca
https://www.facebook.com/You-meca-585635465219306/?modal=admin_todo_tour
https://twitter.com/infoCCAGR
https://www.youtube.com/embed/JZPQ6X0Lgi8
5111 New Street Unit 104
Burlington, Ontario L7L 1V2
(905) 637-1700
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 22 2024 06:27:25
Toronto Real Estate Board
Right At Home Realty