196 King Street W, Hamilton, ON L8P 1A5
Central · L8P 1A5
$14,000,000
$712 / sq ft2 months on market
- Total area
- 19,676.41 sf
- Lot
- 148.49 × 132.1 ft
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
Property
- Property type
- retail
- Interior size
- 19,676.41 sq ft
- Lot size
- 148.49 × 132.1 ft
- Zoning
- Commercial D2
- Possession
- TBA
Interior
- Heating
- Gas Forced Air Open
- Cooling
- No
Exterior & services
- Sewer
- Sanitary
Costs
- List price
- $14,000,000
- Property taxes
- $61,903 / year (2025)
- Price per sq ft
- $712
Listing
- MLS® number
- X13708258
- Status
- For sale
- Listed
- August 24, 2026
- Days on market
- 72
- Last updated
- August 25, 2026
- Listing brokerage
- RE/MAX WEST REALTY INC.
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 100% of comparable retail listings in Central are asking less.
- This home
- $712 / sq ft
- Comparable median
- $428 / sq ft
Based on 10 comparable active retail listings in Central. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $61,926.72
- Property tax (est.)
- $5,158.62
- Estimated monthly
- $67,085
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
- $336,475
- Total due on closing
- $336,475
An estimate on the asking price of $14,000,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX WEST REALTY INC.. 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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