879 WEST 5TH Street

Hamilton, Ontario L9C5R4

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$1,350,000

1,250.01 sqft

~~$1,450,000~~ ( 6.9%) View price history

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Since listed: 6.9%

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 250 ' 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, 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. (id:54619)

General Info

Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Basement: Full (Unfinished)

Building Type: House

Total Stories: 1

Amenities Nearby: Hospital, Park, Place of Worship, Public Transit, Schools

Parking: Carport

Rooms

Basement: Storage; 19'8'' x 11'0''

: Workshop; 19'8'' x 11'0''

: Storage; 14'8'' x 9'5''

: Utility room; 30'6'' x 8'11''

Main level: 4pc Bathroom; Measurements not available

: Bedroom; 11'2'' x 8'11''

: Bedroom; 11'2'' x 9'3''

: Primary Bedroom; 17'10'' x 11'5''

: Kitchen; 13'10'' x 10'0''

: Dining room; 13'10'' x 10'0''

: Living room; 17'8'' x 15'3''

Other Details 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 250 ' 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, 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. (id:54619)