More Photos

×

    For Sale - 663 KING Street, Hamilton, Ontario

    Est payment $8,403/mo
    Get pre-qualified
    Views   1
    Time on Jump  40 day

    AI Summary *

    • Downtown Hamilton properties with strong investment and redevelopment potential.
    • Over 8,100 sq. ft. of land with easy access and great frontage.
    • Existing income from 16 residential units and a popular bar.
    • Five renovated vacant units ready to boost rental income.
    • Planned LRT station nearby enhances transit access and development appeal.




    Rare downtown hamilton investment & redevelopment opportunity! 657, 659 & 663 king st e comprise two buildings with three municipal addresses: 657/659 form one building and 663 is the second. Each building is listed at $1. 75m; however, seller requires both buildings to be purchased together, for a combined asking price of $3. 5m. Properties will not be sold separately. Zoned toc1 and located approx. 100 metres from a planned lrt station, the combined site offers approx. 8,102 sq. Ft. Of land with 74. 9 ft. Frontage, 110 ft. Depth and convenient rear access. Excellent redevelopment potential, with plans contemplating a 12-storey mixed-use commercial/residential development with approx. 64 luxury residential units, subject to all required approvals. The existing buildings offer immediate income potential with a total of 16 residential rental units plus a well-known main-floor bar. Five newly renovated vacant units are ready for leasing, providing an opportunity to increase rental income. Additional main-floor commercial space with basement is also available for lease and suitable for a variety of business uses. A rare opportunity combining existing rental income, commercial uses, transit-oriented location and significant long-term redevelopment potential in hamilton's evolving downtown. Seller may consider a vendor take-back (vtb) mortgage for qualified buyers and may also provide temporary property management assistance after closing and development consulting. Price and terms are negotiable. Showings strictly by appointment only. Don't miss this unique opportunity to acquire two adjoining buildings as one strategic investment!
    Listing IDX13758572
    Address663 KING Street
    CityHamilton, Ontario
    Price$1,750,000
    Bed / Bath6 / 5 Full
    Style3-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet FreeOwnership FreeholdBasement UnfinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel ElectricSewer Sewer

    Parking 10.00
    ASAP

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    Tue

    17

    Nov

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: RIGHT AT HOME REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    12 Weneil Drive
    Hamilton, Ontario.
    3 Beds | 4 Baths
    $1,880,000
    188 Hostein Drive
    Hamilton, Ontario.
    3 Beds | 4 Baths
    $1,499,000
    7 Carl Crescent
    Hamilton, Ontario.
    6 Beds | 4 Baths
    $1,699,900
    247 Humphrey Street
    Hamilton, Ontario.
    4 Beds | 4 Baths
    $1,520,000
    62 Anderson Court
    Hamilton, Ontario.
    4 Beds | 4 Baths
    $1,500,000
    15 Saint Anthony Place
    Hamilton, Ontario.
    4 Beds | 4 Baths
    $1,699,900
    16 Vanstraalen Street
    Hamilton, Ontario.
    4 Beds | 4 Baths
    $1,679,000
    8 Cayley Court
    Hamilton, Ontario.
    3 Beds | 3 Baths
    $1,595,000
    668 Garth Street
    Hamilton, Ontario.
    5 Beds | 5 Baths
    $1,490,000
    Loading...
    663 King Street
    Hamilton , Ontario
    6 5 $1,750,000
    Get more info