Property Attributes
- MLS#X13758572
- TypeSingle Family
- Listing Status New
- CityHamilton
- AreaLandsdale
- NeighbourhoodLandsdale
- Postal CodeL8N 1E5
- Style3-Storey
- Taxes$ 6500
- Price$ 1,750,000
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage2500-3000
Data Source:
Toronto Real Estate Board (TRREB)
Property Description
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!
| Price History | |
|---|---|
| 9/9/2026 | Listed $1,750,000 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | None,Window Unit(s) |
| Roof | Unknown |
| Architectural Style | 3-Storey |
| Pool Features | None |
| Construction Materials | Brick |
| Heater Type | Forced Air |
| Parking Spaces | 10 |
| Property Subtype | Detached |
| Tax Year | 2025 |
| Lot Depth | 110.0 |
| County | Hamilton |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | South |
| Garage Y/N | No |
| Status | New |
| City | Hamilton |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 6500.0 |
| Virtual Tour | https://www.youtube.com/watch?v=8ZVcrmDOcDM |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Legal Description | PT LT 2,PL 43,AS IN VM71839,LYING N OF KING ST. BTN WENTWORTH & ASHLEY STREETS,T/W VM71839 ; HAMILTON |
Interior Features
| Interior Amenities | Carpet Free |
|---|---|
| Basement | Unfinished |
| Heat Source | Electric |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 6 |
| Elevator? | No |
| Total Baths | 5 |
| Bedrooms | 6 |
| Living Area Range | 2500-3000 |
Exterior Features
| Total Parking | 10.0 |
|---|---|
| Garage Type | None |
| Foundation Details | Unknown |
| Spa | No |
| Waterfront Y/N | No |
| Covered Spaces | 0.0 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating