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$1,575,000
Available - For Sale
Listing ID: X12920756
Prime West Mountain Development Opportunity | Hamilton MountainExceptional investment opportunity in a highly sought-after West Mountain location with rare frontage on two streets. This expansive, oasis-like city lot offers outstanding flexibility for builders, developers, and investors alike.The existing bungalow is well-suited for occupancy, allowing you to live in or rent out the home while you begin planning and construction-an ideal setup to offset carrying costs during development.Approved severance is already in place, allowing for two rear lots to accommodate the construction of additional homes. The property is fully serviced with water and sewer connections for up to 4 lots, saving valuable time and development costs.Explore a wide range of possibilities: sever into 2 premium lots, create 4 spacious 50 ft lots, or take advantage of the zoning change on the front portion, which permits a potential 6-storey residential building with an estimated 32-56 units. There is also the option to develop up to 12 townhouses or residences using MLI Select financing.Ideally located near Stone Church and West 5th Street, this property is just minutes from Mohawk College's main Fennell Campus, located directly on West 5th Street -making it highly attractive for student housing or rental development.Close to schools, shopping, transit, and all key amenities in a rapidly growing area.A rare opportunity to secure a versatile, high-potential redevelopment site in one of Hamilton Mountain's most desirable neighborhoods. Don't miss out on this incredible opportunity!
Price $1,575,000
Taxes: $5,569.33
Assessment Year: 2026
Occupancy by: Owner
Address: 879 West 5th Street , Hamilton, L9C 5R4, Hamilton
Directions/Cross Streets: West 5th St
Rooms: 6
Bedrooms: 3
Bedrooms +: 0
Washrooms: 1
Family Room: F
Basement: Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 16.01 12.00
Room 2: Main Dining Ro 10.00 12.00
Room 3: Main Kitchen 12.00 10.00
Room 4: Main Bathroom 0 0 4 Pc Bath
Room 5: Main Bedroom 8.99 10.99
Room 6: Main Bedroom 3 12.00 16.01
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Main
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 4 Main
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 4 Main
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 4 Main
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 4 Main
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 4 Main
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Washroom 36 4 Main
Washroom 37 0
Washroom 38 0
Washroom 39 0
Washroom 40 0
Washroom 41 4 Main
Washroom 42 0
Washroom 43 0
Washroom 44 0
Washroom 45 0
Property Type: Detached
Style: 1 Storey/Apt
Exterior: Aluminum Siding
Garage Type: Carport
(Parking/)Drive: Private, F
Drive Parking Spaces: 4
Park #1
Parking Type: Private, F
Park #2
Parking Type: Private
Park #3
Parking Type: Front Yard
Pool: None
Other Structures: Garden Shed
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
Property Features: Public Trans
Place Of Worship
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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RE/MAX REAL ESTATE CENTRE INC.

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

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Kernighan
Style: 1 Storey/Apt
Lot Size: x 250.66(Feet)
Approximate Age: 51-99
Tax: $5,569.33
Maintenance Fee: $0
Beds: 3
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908