657 King St E
Landsdale, Hamilton
$2,000,000
Buy with Dwelly and Save $20,000
Home Details
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Listing Description
Hamilton's downtown is thriving, often compared to Brooklyns 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 ,two buildings with three 911 addresses 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!
City: Hamilton
Neighborhood: Landsdale
Property History
Rooms
Room dimensions for 657 King St E, Hamilton
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 657 King St E is 10401
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2000000 |
| Down Payment | $400000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1600000 |
Monthly Payment
| Mortgage Payment | $9860 |
| Property Taxes | $542 |
| Maintenance Fees | $0 |
| Monthly Payment | $10401 |
About 657 King St E, Hamilton
Located at 657 King St E , this Hamilton house is available for sale. This property was listed for $2,000,000 on Sun Dec 29 2024. It has 9 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 15 parking spots. 657 King St E, Hamilton is situated in the Landsdale neighbourhood.
MLS#: X10423397 · $2,000,000 · 9 bedroom house in Landsdale, Hamilton