Breakfast Room
Level: Main
657 King Street
Landsdale, Hamilton, ON L8N 1E5
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!
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- 40861599
- Board
- Cornerstone (ITSO) MLS®
- Days on market
- Tax
- $15,000
- Size
- 8000 sqft
- Lot
- 49.16 × 110 ft
- Parking
- 15 Parking
Listing History
Listing activity for 657 King Street, Hamilton, ON
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,750,000 | N/A | For Sale | 40861599 |
Property Details
Property
- Property Type
- Condo/Apt Unit
- Style
- Apartment
- Community
- Landsdale
- Municipality
- Hamilton
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Gas Hot Water
Building
- Size
- 8000 sqft
- Construction
- Brick
Parking
- Driveway
- Front Yard Parking, Outside/Surface/Open
- Add. Parking
- 15
- Total Parking
- 15
Land
- Sewer
- Sanitary
- Lot Size
- 49.16 × 110 ft
Additional
- Roof
- Flat
- Extras
- Water Heater, Dryer, Gas Stove
Rooms (1)
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
14 records read 7 on record nearby 7 checked, none on recordRead 2026-11-07
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m43 test or monitoring holes also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 9.3 km
Province of Ontario open data
Around the home
- Nearest rail line: 780 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 30 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Province of Ontario open data · Municipal transit open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is GFL Environmental Services Inc. — GFL Environmental Services Inc. (Hamilton - Lottridge), 1.7 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Alectra Utilities Corporation
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$8,022
- Down payment$350,000
- Mortgage amount$1,400,000
- Total interest$1,006,600
- Total cost$2,756,600
Cash flow analysis
$8,022
Total monthly payment
$9,272
Break-even down payment
100%
Cash flow-$9,272
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,750,000
$1,750,000
CAD
Estimate unavailable
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