879 WEST 5TH Street, Hamilton, ON L9C 5R4
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MLS® X13561930
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Overview
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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.
Bedrooms
3
Bathrooms
1.0
Area
1,300 sqft
Lot Size
0.6 acres
Type
Detached
Property Details
Year Built1951
CityHamilton
Postal CodeL9C5R4
Lot Dimensions100.81 × 253.00 ft
Parking7 spaces
Interior Features
Heat: Forced Air
Heat Source: Gas
Cooling: Central Air
Style: Bungalow
Exterior & Land
Sewer: Sewer
Construction: Aluminum Siding
Roof: Asphalt Shingle
Utilities & Services
Heat SourceGas
Water SourceNot specified
SewerSewer
879 WEST 5TH Street, Hamilton, ON L9C 5R4
Purchase Calculator
$1,450,000.00
$304,500.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
First-time Buyer
Newly Built
Insured Prefer
💸 Rental Income
🏠 Home Expenses
$900.00
100%
$400.00
📉 Taxes
🛠️ Maintenance
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🛠️ Maintenance
⚡ Utilities etc.
Total Monthly Cost
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0
/month
Principal & interest
Home expenses
Other expenses
Rental income
- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
$0.00
Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
879 WEST 5TH Street, Hamilton, ON L9C 5R4
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