$1,699,000
FOR SALE

Investment

Lot: 38.89 x 103.44 ft
2025 Taxes: $24,963.33

323 King St E
Hamilton, ON L8N 1C1 | Beasley

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.
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Listed By Corcoran Horizon Realty
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13122028
Last Updated May 13, 2026
Property Summary
Property Type Investment

More like this:
PIN 171680148
Legal Description Lt 5 Pl 214; Pt Lt 4, 6 Pl 214 As In Vm277370, S/T
Possession Date Flexible
Taxes (2025) $24,963.33
Directions/Cross Streets King And Wellington
Neighbourhood Beasley
Area Hamilton
Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 38.89 x 103.44 ft
Air Conditioning Yes
Basement Basement
Garage Type None
Heat Type Radiant
Sewers Sanitary

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