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Renanza Realty
For sale

879 WEST 5TH Street

Hamilton, Ontario

MLS® 40847951

$1,450,000

Status
Active
Property type
House
MLS® number
40847951
Bedrooms
3
Bathrooms
1
Year built

Listing 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 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.

Property summary

MLS® number
40847951
Property type
Single Family
Building type
House
Square footage
1,250 sq ft
Title
Freehold
Annual property taxes
$5,569.00
Parking
8 spaces · Carport
Days on market
42 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Unfinished, Full
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior features
Aluminum siding
Architectural style
Bungalow

What would this home cost you?

Based on the $1,450,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,747 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Keller Williams Complete Realty, Hamilton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.