657 King St E

Hamilton | Landsdale | L8N 1E5
  • 9
  • 5
  • 0

$2,000,000

Est. Mtg $6,781 /mo
  • Days on market

    11

  • Status

    New

Listing Broker RIGHT AT HOME REALTY
Since listed: 1 views

Home details

MLS #:

X10423397

Property type:
Detached
Style:
3-Storey
Taxes:
$6,500
Possession:
60 days
Lot Front:
50.0   Feet
Lot Depth:
110.0   Feet
Basement:
Other |
Driveway Pkg:
15
Heat:
Gas | Forced Air

Description


657 King St E, , Hamilton, Ontario is a Detached property in Hamilton and in the Landsdale community in the L8N 1E5 postal code


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, three properties 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!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-11 2024-11 $2,000,000 $2,000,000 New X10423397
2024-02 $1,800,000 $1,800,000 X6792826

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Hamilton :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 657 King St E

Based on available 3rd party data

$7458

Approximate costs per month

Mortgage
$6781 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$541 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$7323 monthly. In association with: TD Bank
%
  • Principal and Interest
    6781 /mo
  • Property Taxes
    $541 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Amadore Zhao, Realtor

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