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$ 1,450,000
Est. payment | /mo
3 Beds
1 Bath
0.5 Acres Lot
$ 1,450,000
Est. payment | /mo
3 Beds
1 Bath
0.5 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Gourley
MLS Listing ID X13561930
Style Bungalow
Bedrooms 3
Annual Tax Amount $5,569
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type Detached
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 from City-approved R4 (Mid-Rise Residential) rezoning, currently pending appeal, creating exciting future development possibilities (buyer to complete their own due diligence). Approved severance for two rear lots and municipal water and sewer services already in place for additional lots help reduce development timelines and soft 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 are 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 reay for your vision.
Location
Province ON
County Hamilton
Area Hamilton
Zoning AA, C
Rooms
Basement Full, Unfinished
Kitchen 1
Interior
Interior Features None
Cooling Central Air
Inclusions Dishwasher, Dryer, Refrigerator, Stove, Washer
Exterior
Parking Features Carport
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 7
Building
Building Age 51-99
Foundation Concrete Block
Lited by KELLER WILLIAMS COMPLETE REALTY