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171 days on Market

663 King St, Hamilton, Ontario L8N 1E5

Townhouse
9
6
- sqft
$2,000,000
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Townhouse
9
6
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$8,589/mo

Tax Amount (2024)$6,500/yr

Days On Market171 days


Description

Hamilton 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, two buildings with three 911 addresses 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 dynamic downtown!


Property Details

Style3-Storey
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces15
MLS ®NumberX10423388
Community NameLandsdale
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Basement: Unfinished

Parking

Garage spaces -

Garage type -

Total parking spaces 15


Property listed by RIGHT AT HOME REALTY, Brokerage

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Market Data - Landsdale

Geo Zone Map ThumbnailLandsdale

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2024

0 day

2023

14 days

2022

0 day

New Listings

Past 30 days

0 listing

Compared to

2024

1 listing

2023

2 listings

2022

2 listings

Units sold

Past 30 days

2 units

Compared to

2024

0 unit

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$1,207,500

Compared to

2023

$575,000


Population and Demographics

Overview

Total population 6097
Average household income $82,643

Age (%)

20 to 34
29%
0 to 19
20%
35 to 49
19%
50 to 64
18%
65 and plus
13%

Household composition (%)

Single family
48%
Single person
42%
Multi person
9%
Multi family
1%

Mother tongue (%)

English
76%
Portuguese
6%
Spanish
3%
Vietnamese
2%
Arabic
2%
Others
2%
French
2%
Somali
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget