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Listed by Michael Jakobczak • RE/MAX Escarpment Realty Inc.
$749,900
Est. payment /mo
3,400 SqFt
Active
433 King Street E Hamilton, ON L8N 1C5
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Key Details
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $220
MLS Listing ID 40717320
Abv Grd Liv Area 3,400
Annual Tax Amount $5,486
Property Sub-Type Retail,Building and Land
Source Cornerstone
Property Description
Prime Development Opportunity at 433 King Street East. Attention Investors & Developers – Don't miss out on this rare opportunity to re-develop in one of the city's most sought-after locations. This high-visibility property is ideally situated in a high foot-traffic area and zoned TOC1, allowing for up to 6 storeys of mixed-use residential and commercial development. Drawings submitted for a proposed 20-unit building, offering a strong foundation for future development. With city incentives available and increasing demand in the area, this is an excellent chance to secure a long-term growth asset for your portfolio. Take advantage of this high-potential site in a thriving urban corridor. Whether you're an experienced developer or new investor, the numbers and location speak for themselves.Property Highlights: Zoning: TOC1 – Mixed-use, up to 6 storeys. Proposed plans: 20-unit residential building. High foot traffic and excellent exposure. Strong long-term growth potential. City incentives available for redevelopment. Seller open to VTB- 90% LTV. Note: The Property is being sold as-is, where-is. Please do not walk the property.
Location
Province ON
County Hamilton
Area 14 - Hamilton Centre
Zoning TOC1
Direction King East to Victoria Avenue North
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 40.0
Lot Depth 128.0
Garage No
Building
Lot Description High Traffic Area, Public Transit
Faces King East to Victoria Avenue North
Story 2
Sewer Sewer (Municipal)
Water None
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 171780111
Ownership Freehold/None
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