657 King Street E, Hamilton, ON L8N 1E5
Landsdale, Hamilton · Near king/wenthworth · View map
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!
The home
- Type
- Investment
- Square footage
- 5000 sq ft
- Lot size
- 49.2 x 110 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $15,000/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- king/wenthworth
- Neighbourhood
- Landsdale
More
- MLS® number
- X13758754
No matching details. Ask Will instead
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.
657 King Street, Hamilton, ON L8N 1E5
Landsdale, Hamilton · Near king/wenthworth
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 657 King Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 657 King Street E
Answers come straight from this home’s MLS® listing.
How much is 657 King Street E listed for, and what would it cost each month?
657 King Street E is listed for $1,750,000. With 20% down ($350,000), the mortgage payment would be roughly $7,059 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,309 a month, all in. That figure is an illustration, not a quote.
Is 657 King Street E freehold or a condo, and is there a monthly fee?
657 King Street E is a investment in Landsdale, 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 657 King Street E 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 657 King Street E?
657 King Street E is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 657 King Street E, and what is the lot size?
The lot is listed as 49.2 x 110 ft.
How is 657 King Street E heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 657 King Street E?
Property taxes are $15,000 a year (2025), or about $1,250 a month.
Where is 657 King Street E?
657 King Street E is in the Landsdale community of Hamilton. The nearest main intersection is king/wenthworth. The postal code is L8N 1E5.
Is 657 King Street E still for sale?
Yes. It is an active listing (MLS® X13758754). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 657 King Street E asking?
Similar properties for sale nearby right now include 216-218 King Street E at $1,800,000, 185-187 King Street E at $1,699,000 and 811 King Street W at $1,999,988. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 657 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 657 King Street E?
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 Landsdale, picked by style, size and price.
Store w apt / office$1,800,000216-218 King Street E, HamiltonBeasleyCourtesy of: RE/MAX ESCARPMENT GOLFI REALTY INC.View home →
Store w apt / office$1,699,000185-187 King Street E, HamiltonBeasleyCourtesy of: RE/MAX HALLMARK REALTY LTD.View home →
Investment$1,999,988811 King Street W, HamiltonWestdaleCourtesy of: COLLIERSView home →Courtesy of: RIGHT AT HOME REALTY
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.