323-327 KING Street E, Hamilton, Ontario, L8N1C1
MLS: 40829812 | Other
$1,699,000
Property Description
Fantastic mixed-use redevelopment opportunity along a future LRT corridor! 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.
Quick Facts
- Property Type: Other
- Bedrooms: 0
- Bathrooms: 0
- Living Area: 10,242 sq ft (951.5 m²)
- Ownership: Freehold
- Frontage: 40 ft (12.2 m)
Costs
- Annual Taxes: $24,963.33
Listing Provided by: Corcoran Horizon Realty
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Basement: Full
Exterior & Construction
- Exterior: Brick, Stone, Stucco
- Foundation: Stone
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 40 ft (12.2 m)
- Features: Southern exposure, Visual exposure
- Zoning: D2 - Downtown Mixed Use - Pedestrian Focus
Community & Neighbourhood
- Community: High Traffic Area
- Subdivision: 140 - Beasley
Listing Information
Listing History
MLS listing activity for 323-327 KING Street E, Hamilton, Ontario, L8N1C1 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Mortgage & Cost Calculators
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323-327 KING Street E, Hamilton, Ontario, L8N1C1