879 West 5th Street Hamilton, Ontario L9C 5R4
$1,648,988
This premier development assembly represents a rare, investment in the heart of Hamilton's most stable growth corridor. Featuring exceptional dual-street frontage and an expansive, "oasis-like" footprint, the site is perfectly positioned for high-density intensification or premium subdivision. The property is uniquely prepared for immediate action, boasting approved severance for two rear lots and existing municipal servicing (water/sewer) for up to 4 lots, significantly reducing "soft cost" timelines and site preparation hurdles. Investors can capitalize on an immediate revenue stream from the existing well-maintained bungalow to offset carrying costs while navigating the approvals for a 6-storey residential mid-rise (32-56 units), 12 luxury townhomes, or a four-lot detached enclave. Strategically located near the Stone Church and West 5th corridor, the site sits minutes from Mohawk College's Fennell Campus, making it an elite candidate for high-yield student housing or professional rentals. This is a versatile, high-potential redevelopment site in a high-demand neighborhood where the infrastructure is already in place to support your vision. (id:61852)
Property Details
| MLS® Number | X12987724 |
| Property Type | Vacant Land |
| Community Name | Kernighan |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 1 |
| Appliances | All |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 23476 Sqft |
| UtilityWater | Municipal Water |
Parking
| Other |
Land
| Acreage | No |
| SizeDepth | 250 Ft ,7 In |
| SizeFrontage | 100 Ft ,3 In |
| SizeIrregular | 100.3 X 250.66 Ft |
| SizeTotalText | 100.3 X 250.66 Ft |
| ZoningDescription | Aa, C |
https://www.realtor.ca/real-estate/29592518/879-west-5th-street-hamilton-kernighan-kernighan
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Daniel Toich
Salesperson
238 Speedvale Ave W #b
Guelph, Ontario N1H 1C4
Susan Toich
Broker
238 Speedvale Ave W #b
Guelph, Ontario N1H 1C4
Luciano Toich
Salesperson
238 Speedvale Ave W #b
Guelph, Ontario N1H 1C4
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April 11 2026 11:38:42
Toronto Real Estate Board
RE/MAX Real Estate Centre Inc.