For Sale: 323 King Street E, Hamilton, ON - REW
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$1,699,000
0 bd • ba • 10242 sf • Multifamily
323 King Street E
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$1,699,000
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323 King Street EHamilton, ON, L8N 1C1

Beasley
  • 0 Bed
  • Bath
  • 10242 Sqft
  • Multifamily

About this home

Fantastic mixed-use redevelopment opportunity along a future LRT corridor! 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. (id:63626)
Listed by: Martinus Dominicus Geleynse, Salesperson, Corcoran Horizon Realty

Home facts and features

Price details
List Price
$1,699,000
Get Pre-Approved
Gross Taxes for 2026
$24,963
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
38 ft x 0 ft (4138 ft²)
Depth
Frontage
38.1 feet
Heating Type
Radiant heat
Cooling
Fully air conditioned
Community
Agent details
Primary Agent
Primary Broker
Corcoran Horizon Realty
Listing details
Days on REW
69 Days
MLS® Number
X13122028
Source
Canadian Real Estate Association
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25 Years
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Property Insights

St. Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Dr. J. Edgar Davey Elementary Public School
  • Public
  • JK - 8
Queen Victoria Elementary Public School
  • Public
  • JK - 8
Southern Ontario Collegiate
  • Private
  • 9 - 12
Bronston Canadian Academy
  • Private
  • K - 12
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
Turning Point School
  • Public
  • 9 - 12
Cathedral High School
  • Catholic
  • 9 - 12
Cathy Wever Elementary Public School
  • Public
  • JK - 8
Central Junior Public School
  • Public
  • JK - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Martinus Geleynse
Cell:
905.537.4819
Office:
647-873-3999
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