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Listed price in listed location currency (CAD).
$1,699,000

000

MLS® 40829812

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $24,963
Days Active 19
Lot Size 
Approx. Age 
MLS® Number 40829812

Property Address: 323-327 King St E, Hamilton, ON, L8N1C1

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number40829812
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

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Today, For Sale for $1,699,000

For Sale · 19 days

$1,699,000

MLS® 40829812

20 days ago

Not Sold Yet

June 2026, Expired for $1,699,000

Rendering
Expired · 445 days

$1,699,000

MLS® 40705331

8 hours ago

Canceled on Jun 2, 2026

May 2026, For Sale for $1,699,000

For Sale · 19 days

$1,699,000

MLS® 40829812

20 days ago

Not Sold Yet

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Home Estimate Zoopraisal®

This property is estimated to sell between: $275,000 and $2,411,000.
Similar properties in this area sold on average for: $275,375
Expected to sell in 53 days. Similar properties sold in 72 days. This home has been on Zoocasa for 19 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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