433 KING Street E, Hamilton, Ontario, L8N1C5

Property Description

Prime Development Opportunity at 433 King Street East. Attention Investors & Developers – Don't miss out on this rare opportunity to re-develop in one of the city's most sought-after locations. This high-visibility property is ideally situated in a high foot-traffic area and zoned TOC1, allowing for up to 6 storeys of mixed-use residential and commercial development. Drawings submitted for a proposed 20-unit building, offering a strong foundation for future development. With city incentives available and increasing demand in the area, this is an excellent chance to secure a long-term growth asset for your portfolio. Take advantage of this high-potential site in a thriving urban corridor. Whether you're an experienced developer or new investor, the numbers and location speak for themselves.Property Highlights: Zoning: TOC1 – Mixed-use, up to 6 storeys. Proposed plans: 20-unit residential building. High foot traffic and excellent exposure. Strong long-term growth potential. City incentives available for redevelopment. Seller open to VTB- 90% LTV. Note: The Property is being sold as-is, where-is. Please do not walk the property. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 3,400 sq ft (315.9 m²)
• Ownership: Freehold
• Frontage: 40 ft (12.2 m)

Costs

• Annual Taxes: $5,486.88

Listing Provided by: RE/MAX Escarpment Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.