Prime West Mountain Development Opportunity | Hamilton MountainExceptional investment opportunity in a highly sought-after West Mountain location with rare frontage on two streets. This expansive, oasis-like city lot offers outstanding flexibility for builders, developers, and investors alike.The existing bungalow is well-suited for occupancy, allowing you to live in or rent out the home while you begin planning and construction-an ideal setup to offset carrying costs during development.Approved severance is already in place, allowing for two rear lots to accommodate the construction of additional homes. The property is fully serviced with water and sewer connections for up to 4 lots, saving valuable time and development costs.Explore a wide range of possibilities: sever into 2 premium lots, create 4 spacious 50 ft lots, or take advantage of the zoning change on the front portion, which permits a potential 6-storey residential building with an estimated 32-56 units. There is also the option to develop up to 12 townhouses or residences using MLI Select financing.Ideally located near Stone Church and West 5th Street, this property is just minutes from Mohawk College's main Fennell Campus, located directly on West 5th Street -making it highly attractive for student housing or rental development.Close to schools, shopping, transit, and all key amenities in a rapidly growing area.A rare opportunity to secure a versatile, high-potential redevelopment site in one of Hamilton Mountain's most desirable neighborhoods. Don't miss out on this incredible opportunity!
Address
879 West 5th Street
List Price
$1,648,988
MLS® Status
New
Expiration Date
2026-07-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 Storey/Apt
Transaction Type
Sale
Area
Hamilton
Sub-Area
Kernighan
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
6
Bathrooms
1
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
250.66
Lot Size Units
Feet
Lot Width
100.3
Parcel Number
169440041
Occupant Type
Owner
Cross Street
West 5th St
Approx. Age
51 - 99 Years
MLS® Number
X12920756
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Basement Area
Full
Postal Code
L9C 5R4
Posession Details
Flexible
Parking
Private, Front Yard Parking
Parking Places (Total)
5
Parking Spaces
4
Tax Amount
$5,569.33
Tax Year
2026
Site Influences
Place Of Worship, Public Transit, School
Interior Features
Primary Bedroom - Main Floor
Property Features
Public Transit, Place Of Worship, School
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Aluminum Siding
Direction Faces
East
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Carport
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Other Structures
Garden Shed
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 10, PL 427 , AS IN HL170606 ; HAMILTON
Topography
Flat
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.88 x 3.66 | |
| Main | Dining Room | 3.05 x 3.66 | |
| Main | Kitchen | 3.66 x 3.05 | |
| Main | Bathroom | 4 Pc Bath | |
| Main | Bedroom | 2.74 x 3.35 | |
| Main | Bedroom 3 | 3.66 x 4.88 |
