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    For Sale - 879 West 5th Street, Hamilton, Ontario

    Est payment $7,918/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Expansive city lot with rare frontage on two streets for development.
    • Existing bungalow allows for occupancy or rental during planning.
    • Approved severance in place for up to four lots or more.
    • Proximity to Mohawk College makes it ideal for student housing.
    • Close to schools, shopping, and transit in a growing area.




    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!
    Listing IDX12920756
    Address879 West 5th Street
    CityHamilton, Ontario
    Price$1,648,988
    Bed / Bath3 / 1 Full
    Style1 Storey/Apt, Detached
    ConstructionAluminum Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Primary Bedroom - Main FloorAmenities Public Transit, Place Of Worship, SchoolOwnership FreeholdBasement FullFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  RE/MAX REAL ESTATE CENTRE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    879 West 5th Street
    Hamilton , Ontario
    3 1 $1,648,988
    Get more info