61-63 King St

Stoney Creek, Hamilton, Ontario L8G 1H7

For Sale · MLS® X13585868 · TRREB MLS®
51
Parking
Vacant Land
Type

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.

01 / Property recordListing details

Key Facts

MLS® #
X13585868
Board
TRREB MLS®
Days on market
Tax
$5,000
Lot
139.32 × 113 Feet
Parking
51 Built-In, 51 Parking

Listing History

Listing activity for 61-63 King St, Hamilton, Ontario

Date StartDate EndList PricePriceEventListing ID
N/AN/A$3,980,000N/APcX13585868

Property Details

Property

Property Type
Vacant Land
Style
Other
Community
Stoney Creek
Municipality
Hamilton

Parking

Garage Type
Built-In
Garage
51
Add. Parking
0
Total Parking
51

Land

Lot Size
139.32 × 113 Feet
Lot Size Code
Feet

Additional

Extras
Existing buildings: Two houses on the lot-one currently rented, one vacant. Site Plan Approval and Committee of Adjustment final/binding decision. All drawings and documents ready to build

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records read 7 on record nearby 7 checked, none on recordRead 2026-11-04

Water and conservation

  • No mapped wetland within 120 m
  • No water-supply well recorded within 250 m7 test or monitoring holes also recorded.

Province of Ontario open data

Planning and building activity

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • Nearest airport: 9.2 km

Province of Ontario open data

Around the home

  • Nearest rail line: 870 m
  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 80 m away. Routes and stops change; check the agency’s schedule.
  • A trail on the Ontario trail network within 1 km

Province of Ontario open data · Municipal transit open data

Environmental records

  • No licensed pit or quarry within 2 km
  • No recorded oil, gas or salt well within 250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Hamilton — King Street Wastewater Treatment Plant, 1.0 km away. Only facilities above the inventory’s reporting thresholds are listed.
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.

Province of Ontario open data · Government of Canada open data

Power and internet

  • Electricity is distributed here by Alectra Utilities Corporation
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Ontario Energy Board · Innovation, Science and Economic Development Canada

None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$18,245

  • Down payment$796,000
  • Mortgage amount$3,184,000
  • Total interest$2,289,500
  • Total cost$6,269,500

Cash flow analysis

$18,245

Total monthly payment

$18,662

Break-even down payment

100%

Cash flow-$18,662
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$3,980,000

$3,980,000

CAD

Estimate unavailable

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