61-63 King Street

Hamilton, ON L8G 1H7 ( Stoney Creek)

Quick Facts

Type: Vacant Land

Style:

Size: Sq Ft

Age: Years

Taxes: $ 5,000 ( 2026)

Updated: 2026-07-31 13:17:53

Description

Ready-to-build development, ideally located beside an award-winning recreation centre and Battlefield House Museum & Park. Zoned and Approved 8-storey mid-rise with approx. 66,500 sq. ft. of buildable area. CMHC package ready for purpose-built rental with $2,200,000 Potential Gross Income, or option to build as condominiums or retirement living complex. 75 residential units + 3 ground-floor retail/commercial units: 6 Studio, 6 One Bedroom, 26 One Bedroom + Den, 32 Two Bedroom, and 5 Three Bedroom units. Includes 2 levels of underground parking (51 parking spaces), 64 bicycle storage spaces, 27 lockers, and 2 elevators. Approvals & reports in place: Site Plan Approval (SPA), Committee of Adjustment final & binding decision, encroachment agreement, private waste collection agreement, energy modelling, Sustainable Building Canada study, and full commercial appraisal (reproduction cost new, income approach, and direct comparison approach). Development incentives: over TWO Million Dollar in savings via 50% Ontario reduction on development charges, also NO HST on construction costs for purpose-built rental buildings. Eligible for select programs offered by the City of Hamilton. Transit & connectivity: Bus stop at property with direct access to Hamilton\'s 7 main hospitals, McMaster University and other colleges, quick connection to Toronto via GO Transit, minutes to QEW GO Station, and approx. 4-minute drive to future Hamilton LRT. Features a rooftop garden and interior amenity space with clear mountain views. Retails with 14\' clear height and Residential ceiling heights: 9\' (2nd-5th floors), 10\' (6th floor), and 11\' penthouse level. Excellent opportunity for developers and investors in a high-demand, transit-connected community with pool, ice-rink and other amenities next door! Vendor Take-Back (VTB) mortgage available to qualified purchasers at the Seller\'s sole discretion.

Extras

Vacant Land

Property

Status: For Sale

MLS #: X13585868

Price: $ 3,980,000

Address: 61-63 King Street

Type:

Style:

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 5,000

Tax Year: 2026

Lot Size:

Neighbourhood: Stoney Creek

Nearest Intersection: Centennial Pkwy and King St. W

City: Hamilton

Postal Code: L8G 1H7

DOM: 2 Days

Last Update: 2026-07-31 13:17:53

 

Building

Interior

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Bathrooms: 0

Rooms: 0

Kitchens: 0

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Exterior

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Garage Spaces:

Parking Spaces: 51.00

Pool:

 

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Features

 

Rooms