2874-2990 E King St 1.44 Acres of Commercial Land in Hamilton, ON L8G 1J5

Avison Young has been retained exclusively by MNP Ltd., in its capacity as Court-appointed Receiver, to offer for sale 2874–2990 King Street East in Hamilton, Ontario (the “Property”). The Property comprises approximately 1.44 acres of vacant land located at the southwest corner of King Street East and Centennial Parkway South, benefiting from excellent regional connectivity with quick access to the QEW, Centennial Parkway, Red Hill Parkway, and Lincoln Alexander Parkway, providing efficient routes to the Greater Toronto Area and the Niagara/USA border.
Zoned Community Commercial (C3), the site supports a variety of local commercial uses designed to serve the surrounding residential neighbourhood. The area is characterized by a mix of conservation lands and residential subdivisions, complemented by natural amenities such as trail networks and parks. Hamilton, part of the Greater Golden Horseshoe, is less than a 50-minute drive to downtown Toronto, making it highly attractive for both residents and businesses.
As of 2024, Hamilton’s population was approximately 627,530 and is projected to grow to 675,232 in 2029, supporting continued demand for housing and commercial infrastructure. The average household income in 2024 was $124,072, and in 2029 projected to $145,985.
More than two-thirds of the workforce hold postsecondary education, and over 70,000 residents are employed in high-value sectors such as health care, life sciences, and manufacturing. With its prime location, strong transportation links, upscale surroundings, and placement within a fast-growing regional economy, the Property represents a
rare and compelling opportunity for commercial and/or mixed use development that can capture demand from both neighbourhood-serving retail and regional buyers.