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
- —
1 / 41Listing 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.
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.