Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
  • Advertising

657, 659 KING Street E, Hamilton, Ontario, L8N 1E5

MLS® # H4165190
Commercial For Sale In Greenford, Hamilton, Ontario
$3,990,000
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
Video
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
657, 659 King Street E, Hamilton, ON
  • Advertising
ACTIVE
657, 659 KING Street E, Hamilton, Ontario, L8N 1E5
$3,990,000

Property Information:

Hamilton's downtown development is thriving, drawing comparisons to the vibrant Brooklyn! If you're interested in investing in a property that offers excellent rental cash flow and the potential to become a new downtown landmark, there's a rare opportunity that includes 657, 659, and 663 King Street East in Hamilton. These properties present the potential for a 12-story mixed-use commercial/residential building with 64 luxurious condominiums under current TOC1 zoning. Conveniently located on the proposed LRT route, the combined land area is approximately 8,102.16 square feet. Positioned on the bustling King Street/Wentworth Street, the properties feature 74.9 feet of frontage, extending 110 feet in depth, and offer a convenient backyard exit route. Currently, the buildings house 16 apartments and a popular bar on the main floor. Buyers need to conduct their due diligence regarding zoning, use, and development, as the properties are being sold as-is. To visit the properties, please schedule an appointment in advance. The listing price and open to the possibility of a seller take-back mortgage reflect the seller's motivation for a quick sale, making it an excellent opportunity for potential investors. Don't miss out on this chance to be a part of Hamilton's thriving downtown development. (id:27)

Building Features:

  • Floor Space: 5488 Square Feet
  • Heating Type: Forced air
  • Cooling Type: None

Property Features:

  • Property Type: Other
  • Floor Space (approx): 5488.00 Square Feet
  • Irregular: Yes
  • Lot Depth: 110.0 Feet
  • Lot Frontage: 49.0 Feet
  • Lot Size: 49.16 x 110
  • Sewer: Sanitary sewer
  • Parking Type: No Garage

Courtesy of: Right At Home Realty

REALTOR.ca 

Location of 657, 659 KING Street E, Hamilton, Ontario, L8N 1E5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

30 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 657, 659 KING Street E , experiences 7 hot days per year at around 31.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.9℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

58/100

High

ClimateCheck®

Current data

This property, 657, 659 KING Street E , experiences 11 significant 2-day storms per year, with about 305.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 379.1mm of precipitation per year.

Precipitation Per Storm

Past
305.9mm
2050
379.1mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 657, 659 KING Street E, Hamilton, Ontario, L8N 1E5

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$112,094.56

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.42 %

High school certificate or equivalent

32.22 %

Apprenticeship trade certificate/diploma

5.88 %

College/non-university certificate

23.35 %

University certificate (below bachelor)

0.3 %

University Degree

16.27 %

Commuter

Travel To Work

By Car

88.94 %

By Public Transit

3.39 %

By Walking

1.54 %

By Bicycle

0.0 %

By Other Methods

6.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.56 %

Houses

56.28 %

Own Vs. Rent