879 WEST 5TH Street, Hamilton
$1,350,000
879 WEST 5TH Street, Hamilton
Total Monthly Obligation $6,285
No agent assigned
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.The property also benefits from City-approved R4 (Mid-Rise Residential) rezoning, currently pending appeal, 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 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 ready for your vision.
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 879 WEST 5TH Street
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