196 King Street W, Hamilton, ON L8P 1A5
Central, Hamilton · Near King and Bay · View map
About this home
Prime Downtown Hamilton development opportunity-A rare chance to secure a high profile development site at King Street West & Bay Street, Right in the heart of Hamilton's evolving downtown. with zoning potential for up to 30 storey's, this property offers an exciting opportunity for an experienced developer or builder to create a landmark mixed-use project. The Current D2 zoning allows for a wide range of uses, with potential for renovation, repositioning, or full development. property sold as is, the current tenants lease expires January 2027 and they have right to renew for another 5 years.
The home
- Type
- Commercial retail
- Square footage
- 19676.41 sq ft
- Lot size
- 148.5 x 132.1 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $61,903/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- TBA
- Cross street
- King and Bay
- Neighbourhood
- Central
More
- MLS® number
- X13708258
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
196 King Street, Hamilton, ON L8P 1A5
Central, Hamilton · Near King and Bay
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Listing history for 196 King Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 196 King Street W
Answers come straight from this home’s MLS® listing.
How much is 196 King Street W listed for, and what would it cost each month?
196 King Street W is listed for $14,000,000. With 20% down ($2,800,000), the mortgage payment would be roughly $56,472 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $61,631 a month, all in. That figure is an illustration, not a quote.
Is 196 King Street W freehold or a condo, and is there a monthly fee?
196 King Street W is a commercial retail in Central, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 196 King Street W have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 196 King Street W?
196 King Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 196 King Street W, and what is the lot size?
The lot is listed as 148.5 x 132.1 ft.
How is 196 King Street W heated and cooled?
Heating is gas forced air open. The listing does not show air conditioning.
What are the property taxes for 196 King Street W?
Property taxes are $61,903 a year (2025), or about $5,159 a month.
Where is 196 King Street W?
196 King Street W is in the Central community of Hamilton. The nearest main intersection is King and Bay. The postal code is L8P 1A5.
Is 196 King Street W still for sale?
Yes. It is an active listing (MLS® X13708258). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 196 King Street W asking?
Similar properties for sale nearby right now include 243 Queen Street N at $12,250,000, 555 Barton Street at $17,500,000 and 1272 Fiddlers Green Road at $14,800,000 (5+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 196 King Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 196 King Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Central, picked by style, size and price.
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Industrial$17,500,000555 Barton Street, HamiltonStoney Creek IndustrialCourtesy of: COLLIERSView home →
Detached home$14,800,0001272 Fiddlers Green Road, Hamilton5+1 bed · 13 bath · AncasterCourtesy of: ROYAL LEPAGE STATE REALTYView home →Courtesy of: RE/MAX WEST REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.