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Beasley
323 KING STREET E
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323 KING STREET E $1,999,000
$1,999,000
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323 KING STREET E
Hamilton (Beasley), Ontario L8N1C1

MLS® Number: X9390950

Listing Description

Fantastic construction-ready residential conversion! Permits are complete and set to be issued pending payment of 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! (36918085)

Location Description

King And Wellington

Property Summary

Property Type
Vacant Land
Community Name
Beasley
Land Size
38.89 x 103.44 FT
Annual Property Taxes
$23,921
Time on REALTOR.ca
37 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Radiant heat
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Residential)
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
10242 sqft

Land

Lot Features
Frontage
38 ft ,10 in
Land Depth
103 ft ,5 in
Other Property Information
Zoning Description
D2 - Downtown Mixed Use - Ped. Focus
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
MARTINUS DOMINICUS GELEYNSE
Salesperson
905-537-4819
905-537-4819
REALTOR® Website
Email
Book showing
SOTHEBY'S INTERNATIONAL REALTY CANADA
Brokerage
183 JAMES ST SOUTH #1
HAMILTON, Ontario L8P3A8
905-296-3930

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MARTINUS DOMINICUS GELEYNSE