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MLS® X13598460
Hamilton, ON
Massive square footage and a truly accessible price! 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.
Broker
Corcoran Horizon Realty
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Investment
323 King Street E Hamilton
Hamilton
Type
Investment
Parking
None
Property Tax
~$24,963/yr
Heating
Radiant
Buying Essentials
Square Feet
10242 sqft
Parking
None
Finances
List Price
$1,499,000
Price per SQFT
$146/sqft
Property Tax
~$24,963/yr
Property Specs
Property Type
Investment
MLS Size
10242 sqft
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
Hamilton
Listed On
Jul 23, 2026
Public Transit
Days on Market
Current: 107 days
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