433 king Street, Hamilton, ON L8N 1C5

Hamilton L8N 1C5 Ontario

MLS: X12465889

$749,900

Added 4 hours ago | For Sale

Listed by: RE/MAX ESCARPMENT REALTY INC.

About Property

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.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 40 X 128
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Victoria Avenue North
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $5486.88
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:None
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12465889

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