<-- style PDP --> 657 King Street, Hamilton - Detached for sale for $2,000,000
  • for sale

657 King Street

Hamilton, Ontario, L8N 1E5 - Landsdale

$2,000,000

  • Neighbourhood

    Landsdale

  • Major Intersection

    King Street /Wentworth

  • Listed Since: 315 day(s)

  • Last update: today

Overview

  • Property Type

    Detached, 3-Storey

  • Bedrooms

    9

  • Bathrooms

    5

  • Basement

    Other

  • Kitchen

    6

  • Total Parking

    15

  • Lot Size

    Available Upon Request

  • Taxes

    $6,500.00 (2024)

  • Type

    Freehold

Property Description

Property description for 657 King Street, Hamilton

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 s 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!

Listed by RIGHT AT HOME REALTY

  • MLS #

    X10423397

  • Sq. Ft

    5000 +

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Front Yard

  • Garage

    None

  • Total Parking

    15

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick Front

  • Fireplace

    N

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • MLS #

    X10423397

  • Sq. Ft

    5000 +

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Front Yard

  • Garage

    None

  • Total Parking

    15

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick Front

  • Fireplace

    N

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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