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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Hamilton
About 657 King Street East
Rare Downtown Hamilton investment & redevelopment opportunity! 657, 659 & 663 King St E comprise TWO buildings with three municipal addresses: 657/659 form one building and 663 is the second. Each building is listed at $1.75M; however, SELLER REQUIRES BOTH BUILDINGS TO BE PURCHASED TOGETHER, for a combined asking price of $3.5M. Properties will not be sold separately. Zoned TOC1 and located approx. 100 metres from a planned LRT station, the combined site offers approx. 8,102 sq. ft. of land with 74.9 ft. frontage, 110 ft. depth and convenient rear access. Excellent redevelopment potential, with plans contemplating a 12-storey mixed-use commercial/residential development with approx. 64 luxury residential units, subject to all required approvals. The existing buildings offer immediate income potential with a total of 16 residential rental units plus a well-known main-floor bar. Five newly renovated vacant units are ready for leasing, providing an opportunity to increase rental income. Additional main-floor commercial space with basement is also available for lease and suitable for a variety of business uses. A rare opportunity combining existing rental income, commercial uses, transit-oriented location and significant long-term redevelopment potential in Hamilton's evolving downtown. Seller may consider a Vendor Take-Back (VTB) mortgage for qualified buyers and may also provide temporary property management assistance after closing and development consulting. Price and terms are negotiable. Showings strictly by appointment only. Don't miss this unique opportunity to acquire TWO adjoining buildings as one strategic investment!
Hamilton investment priced at $1,750,000 — book a tour to see if it fits your search.
Inside 657 King St E
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Investment
657 King St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13758754$1,750,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 657 King St E Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,492Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with Apr 28 – Jul 27, 2026: prices down.
Based on 1,906 sales from Jul 27 – Oct 25, 2026 (1,491 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
657 King St E is listed at $1,750,000 (MLS® X13758754). Summitly updates the price as soon as the MLS® record changes.
Has the price of 657 King St E changed?
No — 657 King St E is still listed at its original asking price of $1,750,000.
How many bedrooms and bathrooms does 657 King St E have?
The listing for 657 King St E doesn't publish its bedroom and bathroom count. It is a commercial property in Hamilton.
Is 657 King St E close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 1.6 km (about a 20-minute walk) in a straight line. West Harbour GO Station is about 2.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 657 King St E compare with other homes in Hamilton?
Its asking price of $1,750,000 is about 159% above the median sold price in Hamilton over the last 90 days, $675,000, across 1,906 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 657 King St E been sold before?
Summitly has no earlier MLS® sale or lease of 657 King St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 657 King St E?
657 King St E is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 657 King St E been on the market?
46 days — 657 King St E was listed on September 9, 2026.
What is the land transfer tax on 657 King St E?
About $31,475 in Ontario land transfer tax at the asking price of $1,750,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 657 King St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 657 King St E?
The listing for 657 King St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.
When was 657 King St E built?
The listing for 657 King St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.