Address
663 KING ST E, Hamilton, ON
Price
$ 3,990,000
Property Attributes
- ID#X6092912
- TypeMulti-Family
- CityHamilton
- NeighbourhoodCentral
- Postal CodeL8N 1E5
- StyleApartments
- Price$ 3,990,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
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 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:7434)
General Features
| Property Type | Multi-family |
|---|---|
| CommunityName | Central |
| Ammenities | Public Transit,Recreation |
| Building Cooling Type | Fully air conditioned |
| Business Type | Residential |
| Business Sub Type | Apartments |
| Building Type | Multi-Family |
Interior Features
| Building Fireplace Present | False |
|---|
Exterior Features
| Land Amenities | Public Transit,Recreation |
|---|
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 Multi-Family Average in L8N 1E5
Price
Visits
In The Neighbourhood
North Bay
$ 925,900
- Type
- Multi-Family
- Size
- 4,850 SqFt
- Rooms
- 13 Beds + 0 Baths
REALTY EXECUTIVES Local Group Inc. Brokerage
North Bay
$ 375,000
- Type
- Multi-Family
- Size
- 2,200 SqFt
- Rooms
- 4 Beds + 3 Baths
Royal LePage Northern Life Realty, Brokerage
North Bay
$ 3,100,000
- Type
- Multi-Family
- Size
- 19,495 SqFt
- Rooms
- 18 Beds + 18 Baths
REALTY EXECUTIVES Local Group Inc. Brokerage
