323 King Street E, Hamilton, ON L8N 1C1
Hamilton, ON, L8N 1C1 · Beasley
About this property
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.
Features & Amenities
- Garage: None
- Cooling: Yes
- Heat Type: Radiant
- Sewer: Sanitary
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Lot Size | 0 Feet |
| Garage | None |
| Heat Type | Radiant |
| Cooling | Yes |
| Sewer | Sanitary |
| Annual Tax | $24,963 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 10242
Heating & Cooling
- Heat Type
- Radiant
- Cooling
- Yes
- Cooling
- Yes
- Heating
- Yes
Parking & Garage
- Garage Type
- None
Lot & Land
- Lot Size Area
- 0.10
- Lot Size Units
- Feet
- Lot Depth
- 103.44
- Lot Width
- 38.89
Community & Neighborhood
- Community Features
- Public Transit
Financial & Tax
- Tax Annual Amount
- $24,963
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sanitary
- Utilities
- Yes
Room Details
- Rooms Total
- 0
Additional Details
- Occupant Type
- Partial
- County Or Parish
- Hamilton
- Cross Street
- King And Wellington
- Directions
- North Side of King St E between Wellington St N and Jarvis St.
- Showing Requirements
- Showing System, List Salesperson
Location
323 King Street E, Hamilton, ON L8N 1C1, Hamilton, ON, L8N 1C1