Salehian.com 647-325-5000

323 King Street E

Beasley, Hamilton, L8N 1C1

$1,499,000

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Listed 89 days ago · MLS® X13598460

About this home

Massive square footage and a truly accessible price! Previously approved plans for an 8-unit residential conversion with main floor commercial space have expired, but all plans, studies, and supporting materials can be included to help fast-track the project back to life. Proposed layout includes 5 two-bedroom and 3 one-bedroom residential units above a versatile commercial ground floor. Savvy investors may also explore subdividing the main floor into smaller commercial units to maximize per-square-foot lease revenue and create a dynamic mixed-use asset. For developers seeking a project with substantial groundwork already completed, this property offers a rare chance to step into a near shovel-ready opportunity with significant upside potential. Generous D2 zoning permits a broad range of uses including office, retail, hospitality, institutional, entertainment, and more - offering flexibility in both redevelopment and interim use strategies. Not looking to develop immediately? The existing structure also presents strong potential for leasing or repositioning in its current configuration. Located steps from a planned LRT station, the property stands to benefit from long-term intensification, connectivity, and appreciation trends shaping the corridor. Clean Phase 1 Environmental report available. Proforma, plans, and additional materials available upon request. Opportunities offering this scale, flexibility, and future growth potential along the LRT route are increasingly rare. A compelling opportunity for creative investors, developers, and end-users with vision.

Details

Type
Investment
Lot
38.89 × 103.44 ft
Garage
None
Property tax
$24,963 (2025)
Neighbourhood
Beasley
Municipality
Hamilton

Heating, cooling and services

Heating
Radiant
Air conditioning
Yes
Water and sewer
Sanitary
Utilities
Yes

Building and exterior

Building area
10,242 Square Feet

More

Possession
Flexible
Cross street
King And Wellington

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Somewhat walkable

  • 🚆 Confederation GO3.4 km

Within a 10-minute walk: 1 grocery store, 3 cafés and restaurants, 4 parks, 3 pharmacies. Nearest grocery: Nardini Specialties (850 m). Nearest park: Cenotaph Park (250 m).

Schools nearby

Elementary

  • St. Francis Xavier Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 42%    3 min walk
  • Memorial Public School7 min walk
  • St. Martin of Tours Catholic Elementary School Catholic
    EQAO: Gr 6 reading 96%, math 52%    17 min walk
  • Eastdale Elementary School
    EQAO: Gr 6 reading 82%, math 26%    18 min walk

Secondary

  • St. John Henry Newman Catholic Secondary School Catholic
    EQAO: Gr 9 math 67%, literacy test 90%    18 min walk
  • Collegiate Avenue School1.3 km
  • Orchard Park Secondary School
    EQAO: Gr 9 math 50%, literacy test 85%    1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8N

Owners / renters
25% / 75%
Median household income
$54,800
Average age
40
Children under 15
12%
Homes
14% detached, 49% high-rise
Commute by transit
23%
Population
15,568

Languages spoken most at home besides English: Arabic 2.7%, Spanish 1.8%, Gujarati 1.6%, Tagalog (Pilipino, Filipino) 1.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 12 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Corcoran Horizon Realty.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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