Type: Detached
Style: 3-Storey
Size: Sq Ft
Age: Years
Taxes: $ 6,500 ( 2025)
Updated: 2026-09-09 12:56:38
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. Additional main-floor commercial space with basement is also available for lease and suitable for a variety of business uses. A rare opportunity combining existing rental income, commercial uses, transit-oriented location and significant long-term redevelopment potential in Hamilton\'s evolving downtown. Seller may consider a Vendor Take-Back (VTB) mortgage for qualified buyers and may also provide temporary property management assistance after closing and development consulting. Price and terms are negotiable. Showings strictly by appointment only. Don\'t miss this unique opportunity to acquire TWO adjoining buildings as one strategic investment!
Detached
Status: For Sale
MLS #: X13758572
Price: $ 1,750,000
Address: 663 KING Street
Type:
Style: 3-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 6,500
Tax Year: 2025
Lot Size:
Neighbourhood: Landsdale
Nearest Intersection: King / Wentworth st
City: Hamilton
Postal Code: L8N 1E5
DOM: 2 Days
Last Update: 2026-09-09 12:56:38
Bedrooms: 6
Bathrooms: 5
Rooms: 0
Kitchens: 6
Family Room:
Fireplace:
Basement: Unfinished,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage:
Garage Spaces:
Parking Spaces: 10.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Electric
Air Conditioning: None Window Unit(s)
Water:
Sewers: