3400 sqft
None
No Heat
$749,900
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:49187)
Property Details
|
MLS® Number
|
X12465889 |
|
Property Type
|
Retail |
|
Neigbourhood
|
Landsdale |
|
Community Name
|
Landsdale |
Building
|
Cooling Type
|
None |
|
Heating Type
|
No Heat |
|
Size Interior
|
3400 Sqft |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
128 Ft |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
40 X 128 Ft |
|
Size Total Text
|
40 X 128 Ft |
|
Zoning Description
|
Toc1 |
https://www.realtor.ca/real-estate/28997502/433-king-street-hamilton-landsdale-landsdale