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$2,000,000Asking Price

663 King Street, Hamilton, ON L8N 1E5

Landsdale, Hamilton

Multiplex
9
Bedrooms
6
Baths
15
Parking
Days on Market

Downtown Hamilton is booming often likened to the vibrant resurgence of Brooklyn! Investors seeking high rental income and landmark development potential should consider 657, 659, and 663 King Street East, Hamilton a rare offering of two buildings with three municipal addresses sold together. Zoned TOC1, the properties present an exceptional opportunity to develop a 12-storey mixed-use commercial and residential project, with plans for 64 luxury condos. Situated just 100 meters from a planned LRT station, the combined land spans approximately 8,102 sq. ft. with 74.9 ft. frontage and 110 ft. depth, including convenient rear access. Ideal for luxury condominiums, senior-friendly housing, student residences, or a trendy bar/restaurant to meet strong market demand. The existing buildings include 16 rental apartments and a well-known bar on the main level. Five newly renovated vacant units are ready for rent, and there is main-floor commercial space with a basement available for lease perfect for various business uses. Viewings are by appointment only. The listing price is negotiable, and the seller is open to offering a Vendor Take-Back mortgage, temporary property management post-sale, and development consulting. Don't miss this rare opportunity in Hamilton's dynamic downtown!

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Downtown Hamilton is booming often likened to the vibrant resurgence of Brooklyn! Investors seeking high rental income and landmark development potential should consider 657, 659, and 663 King Street East, Hamilton a rare offering of two buildings with three municipal addresses sold together. Zoned TOC1, the properties present an exceptional opportunity to develop a 12-storey mixed-use commercial and residential project, with plans for 64 luxury condos. Situated just 100 meters from a planned LRT station, the combined land spans approximately 8,102 sq. ft. with 74.9 ft. frontage and 110 ft. depth, including convenient rear access. Ideal for luxury condominiums, senior-friendly housing, student residences, or a trendy bar/restaurant to meet strong market demand. The existing buildings include 16 rental apartments and a well-known bar on the main level. Five newly renovated vacant units are ready for rent, and there is main-floor commercial space with a basement available for lease perfect for various business uses. Viewings are by appointment only. The listing price is negotiable, and the seller is open to offering a Vendor Take-Back mortgage, temporary property management post-sale, and development consulting. Don't miss this rare opportunity in Hamilton's dynamic downtown!

Key Info

  • 3-Storey Multiplex
  • 4+ Parking
  • No Garage
  • King / Wentworth
  • 5000 + Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $6,500 in 2024
  • Possession: 60 days

Details

  • Brick Front Exterior
  • No Fireplace
  • 5 Kitchens
  •  
  • MLS #X10423388
  • RIGHT AT HOME REALTY

Extras

Room Floor Dimensions Details
Washroom6 3-Piece Bathrooms

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.

Hamilton  (1.2)

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.

Hamilton  ($106K)

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

Portugal was once home to 6.3% of immigrants.
Vietnam 2.6%
Philippines 2.0%
Caribbean 1.8%
UK 1.8%

6.3% from Portugal
All-time

Birthplace - Recent

Syria was once home to 0.4% of immigrants.
Vietnam 0.4%
Central Africa 0.3%
Haiti 0.3%
Philippines 0.2%

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%