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Last Updated : 373 Days ago
323-327 KING St E, Hamilton, Ontario, Beasley

323-327 KING St E, Hamilton MLS Number: X10403957

Beasley, Hamilton, ON, L8N 1C1

$1,999,000

Status: OFF MARKET

  • Property Type: Commercial (Land)
  • Property Taxes : $23921.00 (Tax Year:2024)
  • Listing Courtesy : Sotheby's International Realty Canada, Brokerage

323-327 KING St E Property Description

Huge price reduction - priced to move! Fantastic construction-ready residential conversion! Permits are complete and set to be issued pending payment of DCs and Parkland fees! If you're looking for a profitable redevelopment project that is truly hammer-ready, this is it. Plans include retaining main floor commercial while developing 8 new residential units (5 X 2-bed, 3 X 1-bed). Take it a step further by dividing the main floor into smaller units for a higher PSF lease value. Situated steps from a future LRT station, this building has significant cashflow and appreciation value. If development isn't your thing, the existing structure is ready to lease in its current state as offices, retail, hospitality, etc. thanks to generous D2 zoning! Tremendous potential for investors, end-users, and developers alike. Clean Phase 1 Environmental on-hand. Plans, proforma, and additional information available upon request. This amount of usable square footage is incredibly rare on the LRT route. Don't miss this remarkable opportunity!

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323-327 KING St E Property Facts

Property Type :Commercial
MLS Number :X10403957
Listing Type :Sale
Possession Date :
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Last Updated :26 Nov, 2024 (373 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8N 1C1
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323-327 KING St E Property Price & Tax Insights

Price : $1,999,000
Property Taxes :$23921.00
Tax Year :2024

323-327 KING St E, Hamilton Property Details

Cross Street :Immediately east of Wellington Street North on the north side of King Street East

323-327 KING St E, Hamilton - Price History

2024-11

02 Nov, 2024

TREB #X10403956

Available

$1999000.0

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323-327 KING St E - Location Map and Landmarks

  • Hamilton General, Hamilton 1.0 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 1.06 km
  • McMaster University Medical Centre, Hamilton 1.19 km
  • Juravinski  and Cancer Centre, Hamilton 1.89 km
  • St. Peter's, Hamilton 2.1 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 2.47 km
  • McMaster Children's, Hamilton 4.74 km
  • Joseph Brant, Halton 8.43 km
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