2874 - 2990 King Street E, Hamilton, ON L8G 1J5
Gershome · L8G 1J5
$3,850,000
$61 / sq ft9 months on market
- Interior
- 62,726 sf
- Lot
- 177 × 285 ft
About this property
The property is offered for sale on an "as is, where is", unpriced basis by a Court-appointed Receiver and comprises approximately 1.44 acres of vacant land at the southwest corner of King Street East and Centennial Parkway South. The site offers excellent regional connectivity with access to the QEW, Centennial Parkway, Red Hill Valley Parkway, and Lincoln Alexander Parkway, providing efficient routes to the GTA and the Niagara/USA border. Zoned Community Commercial (C3), the property permits a range of neighbourhoods-serving commercial uses. Offers must be on the Receiver's form of APS, and all sales are subject to final approval by the Court.
Property details
Property
- Property type
- vacant land
- Interior size
- 62,726 sq ft
- Lot size
- 177 × 285 ft
- Zoning
- Community Commercial - C3
- Possession
- Flexible
Exterior & services
- Sewer
- Sanitary+Storm Available
Costs
- List price
- $3,850,000
- Property taxes
- $79,930 / year (2025)
- Price per sq ft
- $61
Listing
- MLS® number
- X12730030
- Status
- For sale
- Listed
- January 26, 2026
- Days on market
- 282
- Last updated
- August 31, 2026
- Listing brokerage
- AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 77% of comparable vacant land listings in Hamilton are asking less.
- This home
- $61 / sq ft
- Comparable median
- $100 / sq ft
Based on 96 comparable active vacant land listings in Hamilton. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $17,029.85
- Property tax (est.)
- $6,660.83
- Estimated monthly
- $23,691
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $82,725
- Total due on closing
- $82,725
An estimate on the asking price of $3,850,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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