Prime Downtown Hamilton development opportunity-A rare chance to secure a high profile development site at King Street West & Bay Street, Right in the heart of Hamilton's evolving downtown. with zoning potential for up to 30 storey's, this property offers an exciting opportunity for an experienced developer or builder to create a landmark mixed-use project. The Current D2 zoning allows for a wide range of uses, with potential for renovation, repositioning, or full development. property sold as is, the current tenants lease expires January 2027 and they have right to renew for another 5 years.
| MLS # | X13708258 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 55 |
| Listing Provided By | RE/MAX WEST REALTY INC. | MARTA POZNIAKOWSKI |
| SQ Feet | 19,676 |
|---|---|
| Zoning | Commercial D2 |
| Acreage | 0.45 |
| Cooling | No |
|---|
| Security Features | No |
|---|
| Utilities | Available |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 61903.47 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LT 2 A.N. MACNAB SURVEY CITY OF HAMILTON; LT 3 A.N. MACNAB SURVEY CITY OF HAMILTON; PT LT 1 A.N. MACNAB SURVEY CITY OF HAMILTON (UNREGISTERED) BTN MARKET ST, CAROLINE ST, KING ST, BAY ST AS IN CD167467 TOGETHER WITH AN EASEMENT OVER PART 1 62R21062 AS IN WE1356590 CITY OF HAMILTON |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8P 1A5 |
| Area | Central |
| Listing VS Median (in L8P 1A5) | |
Price: $14,000,000 low | high Med: $14,000,000 sqft: 19,676 low | high Med: 19,676 $ / sqft: $712 low | high Med: $712 On site: 55 low | high Med: 55 | |
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8P 1A5 |
| Area | Central |
| Listing VS Median (in L8P 1A5) | |
Price: $14,000,000 low | high Med: $14,000,000 sqft: 19,676 low | high Med: 19,676 $ / sqft: $712 low | high Med: $712 On site: 55 low | high Med: 55 | |