Salehian.com 647-325-5000

879 WEST 5TH Street

Gourley/Kernighan, Hamilton, L9C5R4

Listed by Keller Williams Complete Realty

$1,350,000

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Listed 96 days ago · MLS® 40849101

About this home

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 from City-approved R4(Mid-Rise Residential) rezoning, creating exciting future developmentpossibilities. Approved severance for two rear lots and municipal water and sewer services already in place for additional lots help reducedevelopment timelines and sot costs. Explore the potential for a four-lot detached subdivision, luxury townhomes, semi-detached homes, or ahigher-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 Roadcorridor, 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:66966)

Details

Type
Vacant Land
Basement
None
Property tax
$5,569
Neighbourhood
Gourley/Kernighan
Municipality
Hamilton

Interior

Fireplace
No
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer

Heating, cooling and services

Water and sewer
Municipal sewage system

Location

Location is approximate. See nearby homes on the map

Listed by Keller Williams Complete Realty.

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