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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13585868For SaleVacant Land

61-63 King St

Stoney Creek, Hamilton, Ontario L8G 1H7

Map
1 / 15
61-63 King St, Hamilton, photo 1
Asking$3,980,000
Lot
139.32 x 113 ft
Tax a year
$5,0002026 tax year
Parking
5151 built-in
Days on market
Members

The brief

About 61-63 King St

61-63 King St is vacant land in Stoney Creek, Hamilton, listed for sale at an asking price of $3,980,000 (MLS® X13585868).

Ready-to-build development, ideally located beside an award-winning recreation centre and Battlefield House Museum & Park. Zoned and Approved 8-storey mid-rise with approx. 66,500 sq. ft. of buildable area. CMHC package ready for purpose-built rental with $2,200,000 Potential Gross Income, or option to build as condominiums or retirement living complex. 75 residential units + 3 ground-floor retail/commercial units: 6 Studio, 6 One Bedroom, 26 One Bedroom + Den, 32 Two Bedroom, and 5 Three Bedroom units. Includes 2 levels of underground parking (51 parking spaces), 64 bicycle storage spaces, 27 lockers, and 2 elevators. Approvals & reports in place: Site Plan Approval (SPA), Committee of Adjustment final & binding decision, encroachment agreement, private waste collection agreement, energy modelling, Sustainable Building Canada study, and full commercial appraisal (reproduction cost new, income approach, and direct comparison approach). Development incentives: over TWO Million Dollar in savings via 50% Ontario reduction on development charges, also NO HST on construction costs for purpose-built rental buildings. Eligible for select programs offered by the City of Hamilton. Transit & connectivity: Bus stop at property with direct access to Hamilton's 7 main hospitals, McMaster University and other colleges, quick connection to Toronto via GO Transit, minutes to QEW GO Station, and approx. 4-minute drive to future Hamilton LRT. Features a rooftop garden and interior amenity space with clear mountain views. Retails with 14' clear height and Residential ceiling heights: 9' (2nd-5th floors), 10' (6th floor), and 11' penthouse level. Excellent opportunity for developers and investors in a high-demand, transit-connected community with pool, ice-rink and other amenities next door! Vendor Take-Back (VTB) mortgage available to qualified purchasers at the Seller's sole discretion.

Insights

  • Condition Score

    Not stated

    No condition indicators were supplied

    Source: Listing record

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$5,000 / 2026
MLS® number
X13585868
Board
TRREB MLS®
Property Type
Vacant Land
Days on market
Lot Size
139.32 x 113 ft
Listed on
Parking
51 Built-In, 51 Parking
Listing brokerage: PAM REALTY LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Vacant Land
Style
Other
Community
Stoney Creek
Municipality
Hamilton

Parking

Garage Type
Built-In
Garage
51
Additional Parking
0
Total Parking
51

Land

Frontage
139.32 ft
Depth
113 ft
Lot Size
139.32 x 113 ft

Additional

Extras
Existing buildings: Two houses on the lot-one currently rented, one vacant. Site Plan Approval and Committee of Adjustment final/binding decision. All drawings and documents ready to build

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 61-63 King St, Hamilton, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$3,980,000N/APcX13585868

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $796,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$796,000
Total mortgage amount
$3,184,000
Total interest payment
$2,263,400
Total purchase cost
$6,243,400
Mortgage payment
$18,158/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$18,575
−$18,575per month
  • Rent $0
  • Shortfall $18,575

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$85,975
Total land transfer tax
$85,975
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$81,975
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $3,980,000
$49,500
Ontario total
$85,975

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
15,743 sq ft1,463 m²
Street frontage
139.32 ft42.5 m
Depth
113 ft34.4 m
139.32 × 113 ftKING ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by Survey.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 7 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 9.2 kmNearest rail line: 870 mA trail on the Ontario trail network within 1 kmTransit stop within 400 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m7 test or monitoring holes also recorded.250 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 9.2 km9.2 km

Province of Ontario open data

Around the home3

  • Nearest rail line: 870 m870 m
  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 80 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data · Municipal transit open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Hamilton — King Street Wastewater Treatment Plant, 1.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence

The market

Lots for sale in Stoney Creek right now

For sale now
7
Median asking price
$3.98M

Middle half: $1.16M to $4.39M

New in 7 days
0

0 in 28 days

Price cuts
0%

0 listings

This home is asking at the median.

See all homes in Stoney Creek

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Dundas Central Public SchoolHamilton-Wentworth DSBPublic · grades JK–8350 m64%Grade 6 average
St. Augustine Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–8500 m61%Grade 6 average
Dundana Public SchoolHamilton-Wentworth DSBPublic · grades JK–5 · French Immersion1 km83%Grade 3 average
ÉÉC Monseigneur-de-LavalConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–86.4 km69%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Dundas Valley Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–121.9 km58%Grade 9 math
St. Mary Catholic Secondary SchoolHamilton-Wentworth CDSBCatholic · grades 9–122.7 km69%Grade 9 math
Westdale Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–12 · French Immersion4.6 km57%Grade 9 math
École secondaire Georges-P-VanierConseil scolaire ViamondeFrench-language public · grades 9–125 km73%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Stoney Creek are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record