Stan Bernardo
For Sale · MLS® X13758572

663 KING Street E

Landsdale · Hamilton · ON · L8N 1E5

6 beds 5 baths 10 parking Detached
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. Ad
Type Detached · 3-Storey
Size 2,500–3,000 sqft
Lot 25 ft frontage
Taxes $6,500/yr
Basement Unfinished
Total parking 10
Stan Bernardo Luxury Real Estate · GTA & Mississauga Royal LePage Signature Realty Brokerage (905) 568-2121 · info@repg.ca
Scan for full details + every photo