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Listed by Curtis Pimentel • Real Broker Ontario Ltd.
$549,900
Est. payment /mo
3,400 SqFt
New
433 King Street E Hamilton, ON L8N 1C5
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Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $161
MLS Listing ID 40853525
Abv Grd Liv Area 3,400
Annual Tax Amount $5,159
Property Sub-Type Building and Land
Source Cornerstone
Property Description
Rare redevelopment opportunity in Hamilton's growing King Street corridor. Zoned TOC1, this property has City support for a proposed 20-unit, 6-storey mixed-use development and is currently awaiting final Site Plan Approval, allowing a purchaser to build upon the planning work already completed. The site also offers excellent potential for alternative development concepts, including a 5-6 unit purpose-built multifamily or mixed-use project, subject to all required approvals. Various municipal incentive and financing programs may be available depending on the proposed development and purchaser eligibility. An outstanding opportunity for developers and investors looking to capitalize on one of Hamilton's evolving urban corridors. 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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