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$1,575,000
Available - For Sale
Listing ID: X12987724
This premier development assembly represents a rare, investment in the heart of Hamilton's most stable growth corridor. Featuring exceptional dual-street frontage and an expansive, "oasis-like" footprint, the site is perfectly positioned for high-density intensification or premium subdivision. The property is uniquely prepared for immediate action, boasting approved severance for two rear lots and existing municipal servicing (water/sewer) for up to 4 lots, significantly reducing "soft cost" timelines and site preparation hurdles. Investors can capitalize on an immediate revenue stream from the existing well-maintained bungalow to offset carrying costs while navigating the approvals for a 6-storey residential mid-rise (32-56 units), 12 luxury townhomes, or a four-lot detached enclave. Strategically located near the Stone Church and West 5th corridor, the site sits minutes from Mohawk College's Fennell Campus, making it an elite candidate for high-yield student housing or professional rentals. This is a versatile, high-potential redevelopment site in a high-demand neighborhood where the infrastructure is already in place to support your vision.
Price $1,575,000
Taxes: $5,569.33
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Owner
Address: 879 West 5th Street , Hamilton, L9C 5R4, Hamilton
Postal Code: L9C 5R4
Province/State: Hamilton
Legal Description: East
Directions/Cross Streets: West 5th St
No. of Pieces Level
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Category: Designated
Building Percentage: T
Total Area: 23,476
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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RE/MAX REAL ESTATE CENTRE INC.

879 West 5th Street , Hamilton, L9C 5R4, Hamilton

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Maria Tompson
Sales Representative
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At a Glance:
Type: Com - Land
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Kernighan
Style:
Lot Size: x 250.66(Feet)
Approximate Age:
Tax: $5,569.33
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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