196 King Street photo 1

196 King Street

Central / Hamilton, ON L8P 1A5

ActiveFor Sale
0 Beds
0 Baths
19,676 Sq Ft
Commercial

About This Property

Prime Downtown Hamilton development opportunity-A rare chance to secure a high profile development site at King Street West & Bay Street, Right in the heart of Hamilton's evolving downtown. with zoning potential for up to 30 storey's, this property offers an exciting opportunity for an experienced developer or builder to create a landmark mixed-use project. The Current D2 zoning allows for a wide range of uses, with potential for renovation, repositioning, or full development. property sold as is, the current tenants lease expires January 2027 and they have right to renew for another 5 years.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size19,676 sq ft
Bedrooms0
Bathrooms0
Postal CodeL8P 1A5
Last UpdatedSep 14, 2026 · 8:37 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13708258

Listed by RE/MAX WEST REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$14,000,000

asking price

MLS®X13708258
TypeCommercial
CityHamilton
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$68,364

/month · $11,200,000 mortgage

Down Payment20% — $2,800,000
Interest Rate5.5%

Amortization

Total Interest

$9,309,154

Total Cost

$20,509,154

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RE/MAX WEST REALTY INC.