433 King Street E Hamilton, Ontario L8N 1C5
$799,900
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. (id:52486)
Property Details
| MLS® Number | 40717320 |
| Property Type | Retail |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | High Traffic Area |
Building
| BasementType | Full |
| ExteriorFinish | Brick |
| StoriesTotal | 2 |
| SizeExterior | 3400.0000 |
| SizeInterior | 3400 Sqft |
| UtilityWater | None |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 128 Ft |
| SizeFrontage | 40 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Toc1 |
https://www.realtor.ca/real-estate/28174726/433-king-street-e-hamilton
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Michael Jakobczak
Salesperson
1595 Upper James St Unit 4b
Hamilton, Ontario L9B 0H7
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April 17 2025 03:57:57
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.