663 King St E Hamilton, Ontario L8N 1E5
$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 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:26678)
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
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Toronto Real Estate Board
Right At Home Realty
June 18 2023 04:25:30
