657 King Street E, Hamilton, ON

$2,000,000

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About 657 King Street E

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—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!

Features of 657 King Street E

MLS® # 40677424
Price $2,000,000
Bathrooms 0.00
Acres 0.00
Type Residential
Sub-Type Condo/Apt Unit
Style 3 Storey
Status Active

Community Information

Address 657 King Street E
Area 14 - Hamilton Centre
Subdivision 141 - Lansdale
City Hamilton
County Hamilton
Province ON
Postal Code L8N 1E5

Amenities

Parking Spaces 15
# of Garages 0.00
Is Waterfront No

Interior

Interior Features Water Meter
Appliances Water Heater, Dryer, Gas Stove
Heating Gas Hot Water
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description Urban, Corner Lot, Public Transit
Roof Flat
Construction Brick

Additional Information

Date Last Updated April 25th, 2025
Zoning TOC1

Listing Details

OfficeRight At Home Realty

Listing Map

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