Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13122028

323 King Street E, Hamilton, ON L8N 1C1

Hamilton, ON L8N 1C1

$1,699,000 Est. $7,216/mo · 20% down, 25-yr, 4.09%
39 × 103 ftLot
InvestmentType

About this property

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.

Property Summary

Property TypeInvestment
Community NameBeasley
Land Size38.89 x 103.44 Feet
Annual Property Taxes$24,963.00
Tax Year2025
Parking TypeNone Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions38.89 x 103.44 Feet
Lot frontage39 ft
Lot depth103 ft

Building Features

StyleInvestment

Heating & Cooling

CoolingYes
Heating TypeRadiant

Utilities

Utility SewerSanitary

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$24,963 (2025)

Listing history

On market sinceMay 13, 2026

Location

Hamilton, ON L8N 1C1
Listed by Corcoran Horizon Realty, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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Call Tej Now 647-684-1731
323 King Street E, Hamilton, ON L8N 1C1