$1,450,000Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 15.29' x 10.01' | |
| 2 | Bathroom | Main | 4-PieceBath | |
| 1 4-Piece Bathroom on Main Floor | ||||
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Kernighan, Hamilton is a west GTA neighbourhood notable for its university grads, business and health professionals and salespeople. It has a higher than average population of immigrants, and Italian speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 40 to 54.
Kids Per Family
1.5
kids per family
in the neighbourhood.
41%
of residents are
single and loving it.
41% singles
Hamilton (46%)
10%
of residents
are renters.
10% renters
Hamilton (32%)
34%
of residents are
university grads.
34% university grads
Hamilton (28%)Average Household Income
$128K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Business | 9% |
| Trades | 8% |
| Government | 8% |
| Health | 7% |
33%
of residents were
born outside of Canada.
33% immigrants
Hamilton (25%)3.2% from Portugal
All-time
1.7% from UK
Recent
Foreign Languages
| Italian | 5% |
| Portuguese | 3% |
| Mandarin | 3% |
| Vietnamese | 2% |
| Tagalog | 2% |
Religions
| Christian | 77% |
| Buddhist | 4% |
| Hindu | 2% |
| Jewish | 2% |