$2,000,000Asking Price
657 King St E
Landsdale, Hamilton
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!
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!
See MoreKey Info
- 3-Storey Detached
- 15-Car Front Yard Driveway
- No Garage
- King Street /Wentworth
- Other Basement
- 6 Kitchens
- Forced Air Gas Heating
- No A/C
Property
- Lot Size 50 x 110 Feet
- Brick Front Exterior
- Taxes were $6,500 in 2024
- Possession: 60 days
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #X10423397
- RIGHT AT HOME REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 5 3-Piece Bathrooms | |||
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Who lives here?
Landsdale, Hamilton is a west GTA neighbourhood notable for its singles, renters and tradespeople. It has a higher than average population of immigrants, particularly those from Portugal, and Portuguese speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 44, 25 to 44 and 25 to 44.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Singles
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)Renters
62%
of residents
are renters.
62% renters
Hamilton (32%)Education
16%
of residents are
university grads.
16% university grads
Hamilton (28%)Income
Average Household Income
$55K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 14% |
| Trades | 11% |
| Business | 6% |
| Manufacturing | 5% |
| Government | 5% |
Immigrants
29%
of residents were
born outside of Canada.
29% immigrants
Hamilton (25%)Birthplace - All
6.3% from Portugal
All-time
Birthplace - Recent
0.4% from Syria
Recent
Foreign Languages
Foreign Languages
| Portuguese | 7% |
| Vietnamese | 3% |
| Spanish | 2% |
| Italian | 2% |
| French | 2% |
Religions
Religions
| Christian | 68% |
| Muslim | 3% |
| Buddhist | 2% |
