Salehian.com 647-325-5000

657 King Street E

Landsdale, Hamilton, L8N 1E5

$1,750,000

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Listed 41 days ago · MLS® X13758754

About this home

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!

Details

Type
Investment
Lot
49.16 × 110 ft
Garage
None
Property tax
$15,000 (2025)
Neighbourhood
Landsdale
Municipality
Hamilton

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Partial
Utilities
Available

Building and exterior

Building area
5,000 Square Feet

More

Possession
Flexible
Cross street
king/wenthworth

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Hamilton GO Centre1.6 km

Within a 10-minute walk: 9 grocery stores, 25 cafés and restaurants, 13 parks, 11 pharmacies. Nearest grocery: No Frills (250 m). Nearest park: Century Street Park (250 m).

Schools nearby

Elementary

  • St. Patrick's Elementary School Catholic
    EQAO: Gr 6 reading 69%, math 41%    8 min walk
  • Cathy Wever Elementary Public School
    EQAO: Gr 6 reading 72%, math 23%    9 min walk
  • Dr. J. Edgar Davey Elementary School
    EQAO: Gr 6 reading 71%, math 14%    17 min walk
  • St. Ann Catholic Elementary School Catholic
    EQAO: Gr 6 reading 88%, math 52%    18 min walk

Secondary

  • Cathedral High School Catholic
    EQAO: Gr 9 math 43%, literacy test 64%    3 min walk
  • St. Charles Adult & Continuing Education Centre - Downtown East Campus Catholic16 min walk

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: 2 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 RIGHT AT HOME REALTY.

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

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