61-63 King Street, Hamilton, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Stoney Creek. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,980,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 139.32 x 113 ft lot size
- 51.0 total parking spaces available with a convenient built-in configuration
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.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This vacant land located at 61-63 King Street, Hamilton is currently for sale and has been available on SousaSells for 17 days. This property is listed at $3,980,000 with an estimated mortgage of $13,248* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 61-63 King Street, Hamilton is in the Stoney Creek neighborhood.
Work with the SOUSA TEAM to unlock your .
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Stoney Creek, Hamilton.
- •Desirable Vacant Land architecture in Stoney Creek, Hamilton
- •Convenient parking space for 51.0 vehicles
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 61-63 King Street, Hamilton, ON
Q.What is the asking price for 61-63 King Street, Hamilton, ON ?
The current listing price for 61-63 King Street, Hamilton, ON in Stoney Creek, Hamilton is $3,980,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 61-63 King Street, Hamilton, ON ?
61-63 King Street, Hamilton, ON is a Vacant Land () featuring a basement.
Q.Is parking available at this property?
Yes, this property offers parking space for 51.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
Virtual Tour & 3D Walkthrough
Virtual 360° Walkthrough & Live Video Tour
Request a live agent video tour or get 3D virtual walkthrough access for 61-63 King Street, Hamilton, ON .
Location
Google Street View
Open in Google MapsProperty History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 61-63 King Street W, Hamilton, ON L8G 1H7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
Configure Loan Settings
About Purchasing a Home in Hamilton, ON
For a property listed at $3,980,000 in Hamilton, the legal minimum down payment is $796,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $85,975 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $85,975.
Similar Listings in Stoney Creek, Hamilton
Explore all Just Listed Homes in Hamilton →
Stoney Creek, Hamilton Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Stoney Creek, Hamilton.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Stoney Creek, Hamilton
Elementary Schools
Secondary Schools
Stoney Creek, Hamilton Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.