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.
| MLS # | 40853525 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 17 |
| Listing Provided By | Real Broker Ontario Ltd. | Curtis Pimentel |
| SQ Feet | 3,400 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | TOC1 |
| Acreage | 0.12 |
| Cooling Yes / No | No |
|---|
| Lot Features | High Traffic Area, Public Transit |
|---|---|
| Construction Materials | Brick |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 5159 |
|---|
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 1C5 |
| Area | 14 Hamilton Centre |
| Subarea | 141 Landsdale |
| Community Name | 141 Landsdale |
| Listing VS Median (in 141 Landsdale) | |
Price: $549,900 low | high Med: $2,150 sqft: 3,400 low | high Med: 900 $ / sqft: $162 low | high Med: $2 On site: 17 low | high Med: 86 | |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 1C5 |
| Area | 14 Hamilton Centre |
| Subarea | 141 Landsdale |
| Community Name | 141 Landsdale |
| Listing VS Median (in 141 Landsdale) | |
Price: $549,900 low | high Med: $2,150 sqft: 3,400 low | high Med: 900 $ / sqft: $162 low | high Med: $2 On site: 17 low | high Med: 86 | |