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For saleMLS® X12730030

2874 - 2990 King Street E, Hamilton, ON L8G 1J5

Gershome · L8G 1J5

$3,850,000

$61 / sq ft

9 months on market

Interior
62,726 sf
Lot
177 × 285 ft

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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

This property's sale history is hidden

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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.

$185KMedian $1.50M$5.94M
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

Down payment20.0% · minimum $770,000
$770,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$3,850,000

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