$1 FOR SALE

Investment

Lot: 25 x 110 ftTotal Area: 0.06 acres
2023 Taxes: $6,000

663 King St E
Hamilton, ON L8N 1E5 | Central

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.

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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X6092912
Last Updated Oct 30, 2023
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 171800159
Legal Description PT LT 2, PL 43 , AS IN VM71839, LYING
Occupancy Tenant
Taxes (2023) $6,000
Tax Type Annual
Assessment (2022) $276,000
Directions/Cross Streets Wentworth/ King Str
Neighbourhood Central
Area Hamilton
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 25 x 110 ft
Total Area 0.06 acres
Elevator None
Air Conditioning Y
Garage Type In/Out
Heat Type Gas Forced Air Closd
Area Influences Public Transit, Rec Centre
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning TOC1
Seller Property Info Statement N

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