323 King Street E Hamilton (Beasley), Ontario L8N 1C1
$2,299,000
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! (id:12481)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | X9230414 |
| Property Type | Vacant Land |
| Community Name | Beasley |
| Amenities Near By | Public Transit |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Radiant Heat |
| Size Interior | 10242 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 103 Ft ,5 In |
| Size Frontage | 38 Ft ,10 In |
| Size Irregular | 38.89 X 103.44 Ft |
| Size Total Text | 38.89 X 103.44 Ft |
| Zoning Description | D2 - Downtown Mixed Use - Ped. Focus |
https://www.realtor.ca/real-estate/27228320/323-king-street-e-hamilton-beasley-beasley
Contact Us
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
(519) 667-1958
www.farmontario.com
34 Grandview Crescent
London, Ontario N6K 2Y2
Ron Steenbergen
Broker
(519) 667-1958
www.farmontario.com/
675 Adelaide Street North
London, Ontario N5Y 2L4
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 04 2024 04:34:46
Toronto Real Estate Board
Sotheby's International Realty Canada