879 West 5th Street,Hamilton, ON L9C 5R4
Hamilton, ON L9C 5R4
Description
A rare opportunity to acquire a premier development site in one of Hamilton's fastest-growing corridors. Welcome to 879 West 5th Street. A 100' x 250 ' property with exceptional dual street frontage on West 5th Street and Fortissimo Drive, offering outstanding redevelopment potential. The property also benefits form City-approved R4(Mid-Rise Residential) rezoning, creating exciting future development possibilities. Approved severance for two rear lots and municipal water and sewer services already in place for additional lots help reduce development timelines and sot costs. Explore the potential for a four-lot detached subdivision, luxury townhomes, semi-detached homes, or a higher-density residential project. The existing three-bedroom bungalow provides immediate rental income while development plans ae finalized. Ideally located just down the street from Mohawk College's Fennell Campus and minutes to the Upper James Street and Stone Church Road corridor, with convenient access to shopping, transit, parks, schools, and major highways, the location is ideal for student housing, family-oriented development, or professional rentals. Offering an exceptional combination of size, servicing, dual frontage, future zoning potential, income generation, and a prime West Mountain location, opportunities like this are becoming increasingly rare. Whether you're a builder, developer, or investor, 879 West 5th Street is ready for your vision.
Details
| MLS # | 40847951 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | Keller Williams Complete Realty | Emilio Librobuono |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,250 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R4, AA, C |
| Acreage | 0.01 |
Interior
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Rooms Total | 11 |
| Interior Features | None |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
Exterior
| Lot Features | Urban, Hospital, Library, Park, Place of Worship, Public Transit, Schools |
|---|---|
| Construction Materials | Aluminum Siding |
| Roof | Asphalt Shing |
Parking
| Open Parking Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 5569 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L9C 5R4 |
| Area | 16 Hamilton Mountain |
| Subarea | 165 Gourley | Kernighan |
| Community Name | 165 Gourley/Kernighan |
| Listing VS Median (in 165 Gourley/Kernighan) | |
Price: $1,350,000 low | high Med: $589,900 sqft: 1,250 low | high Med: 1,060 $ / sqft: $1,080 low | high Med: $557 On site: 91 low | high Med: 50 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L9C 5R4 |
| Area | 16 Hamilton Mountain |
| Subarea | 165 Gourley | Kernighan |
| Community Name | 165 Gourley/Kernighan |
| Listing VS Median (in 165 Gourley/Kernighan) | |
Price: $1,350,000 low | high Med: $589,900 sqft: 1,250 low | high Med: 1,060 $ / sqft: $1,080 low | high Med: $557 On site: 91 low | high Med: 50 | |