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Chelsea Mann

[email protected] +1(250) 852-0977

$ 1,999,000

Est. payment -/mo

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323 KING STREET E Hamilton (beasley), ON L8N1C1

10,242 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,242 sqft

Price per Sqft $195

Subdivision Beasley

MLS® Listing ID X9390970

Originating Board Toronto Regional Real Estate Board

Property 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! (id:24570)

Location

Province ON

Interior

Heating Radiant heat

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Building

Sewer Sanitary sewer

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Chelsea Mann

Advisor | License ID: 2196

+1(250) 852-0977

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