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$1,450,000
Est. payment /mo
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40849101
Annual Tax Amount $5,569
Property Sub-Type Residential
Source Cornerstone
Lot Front 100.81
Property 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 253 ' 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, currently pending appeal, creating exciting future developmentpossibilities. Approved severance for two rear lots and municipal water and sewer services already in place for additional lots help reducedevelopment timelines and sot costs. Explore the potential for a four-lot detached subdivision, luxury townhomes, semi-detached homes, or ahigher-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 Roadcorridor, 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.
Location
Province ON
County Hamilton
Area 16 - Hamilton Mountain
Zoning AA, C
Direction Stone Church to West 5th Street.
Rooms
Kitchen 0
Interior
Fireplace No
Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Street Lights
Lot Frontage 100.81
Garage No
Building
Lot Description Urban, Hospital
Faces Stone Church to West 5th Street.
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 169440041
Ownership Freehold/None
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Listed by Keller Williams Complete Realty
Nearby School & Business
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